Adaro hopes to burn clean with new bond offering

Joint leads Goldman Sachs and JPMorgan have been mandated to sell a $300 million five-year senior secured bond deal for Indonesian Coal producer, PT Adaro. The Reg S/144A deal will kick off roadshows in Singapore on Thursday (October 24) before moving on to Hong Kong on the 25th, London on the 28th and Boston and New York on the 29th and 30th.