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Published on 3/25/2013 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Indonesia's Tower Bersama talks $300 million five-year notes at 4 5/8% to 4¾%

By Christine Van Dusen

Atlanta, March 25 - Indonesia's PT Tower Bersama Group gave guidance of 4 5/8% to 4 ¾% for its $300 million issue of five-year notes (Ba3//BB), a market source said.

ANZ, Citigroup, Credit Agricole, DBS Bank, Mitsubishi UFJ Securities, Morgan Stanley and UBS are the bookrunners for the Rule 144A and Regulation S deal.

No other details were immediately available on Monday.

Tower Bersama is a Jakarta-based telecommunications tower company.


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