Indocoal warms up Indonesian securitization market

Merrill Lynch re-opens Indonesian ABS market with a future flow securitization for Bumi coal mining duo.
June 23, 2005

Merrill Lynch has priced the first Indonesian cross-border securitization since the Asian financial crisis with a landmark $600 million 3.1-year Series-1 future flow securitization for PT Bumi Resources mining units, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia.

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