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Indonesia's Sri Rejeki Isman sets talk in high 8%-9% area for dollar-denominated five-year notes
By Christine Van Dusen
Atlanta, April 15 - Indonesia's PT Sri Rejeki Isman Tbk. (Sritex) set talk in the high-8% to 9% area for its dollar-denominated offering of five-year notes (expected ratings: B1/BB-/), a market source said.
Barclays is the bookrunner and lead manager for the Rule 144A and Regulation S deal.
The notes will be issued by Golden Legacy Pte. and guaranteed by Sritex and subsidiary PT Sinar Patnja Djadja.
The notes could price as soon as Tuesday.
Sritex is an Indonesian manufacturer of textiles.
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