By Christine Van Dusen
Atlanta, Aug. 18 – Indonesia’s KrisEnergy priced S$200 million four-year notes at par to yield 5¾% on Monday, a market source said.
HSBC and Standard Chartered Bank were the bookrunners for the Regulation S deal.
The proceeds will be used for general corporate purposes and for near-term capital expenditures associated with the company’s development assets.
The issuer is a Jakarta-based oil and gas company.
| Issuer: | KrisEnergy
|
| Amount: | S$200 million
|
| Maturity: | Aug. 22, 2018
|
| Description: | Senior notes
|
| Bookrunners: | HSBC, Standard Chartered Bank
|
| Coupon: | 5¾%
|
| Price: | Par
|
| Yield: | 5¾%
|
| Change-of-control put: | At 101%
|
| Trade date: | Aug. 18
|
| Settlement date: | Aug. 22
|
| Distribution: | Regulation S
|
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