PGN launches pre-marketing

Indonesian gas transmission and distribution company launches $400 million IPO.

Joint bookrunners ABN AMRO Rothschild, Credit Suisse First Boston and Danareksa Sekuritas launch pre-marketing for an IPO in state-owned, gas transmission and distribution TD company PT Perusahaan Gas Negara PGN at the beginning of this week.

Under the transaction's current timetable, the domestic roadshow will kick off on November 10, followed by an international roadshow on November 12. The international offering will comprise roughly 70% of the deal and is scheduled to price on December 1. A...

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