Aneka Tambang strikes gold?

Reception may show there''s life yet in the Indonesian pipeline.

ABN AMRO closed a $200 million debut international bond offering for PT Aneka Tambang Antam during Asia's morning yesterday Tuesday. The deal was completed after a few days delay and at the outer end of a revised indicative pricing range. However, the order book shows a transaction that appears to have appealed to a wide variety of accounts and pricing remains tight against comparables.

With a seven-year final maturity and call option in year four, the deal...

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