The CB, which was completed in the early hours of Wednesday morning, is part of a multi-legged fund raising programme by the company to repay outstanding debt and comes two weeks after it raised $400 million from a high-yield bond that was doubled in size following strong demand. BLT is also in the process of selling 600 million rupiah $6.7 million worth of domestic bonds.
The CB was issued by BLT Finance, but fully guaranteed by BLT....
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