Indonesia's Star Energy Geothermal to begin marketing benchmark five-year notes Wednesday

By Paul A. Harris

St. Louis, Jan. 26 - Star Energy Geothermal (Wayang Windu) Ltd. will begin a roadshow on Wednesday for its benchmark dollar-denominated offering of five-year notes (B2), according to market sources.

The roadshow will include stops in Asia, Europe and the United States.

Barclays Capital, Standard Chartered Bank and Nomura are leading the deal.

Proceeds will be used to refinance bank debt and to fund an interest reserve account for the bond, with any excess proceeds to partially fund developmental cost related to the proposed Unit 3 expansion.

Star Energy Geothermal is an Indonesian geothermal energy company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.