KPC and Arutmin go on the road with debut future flow securitization

Merrill Lynch has begun roadshows for a landmark $600 million 3.1-year Series-1 future flow securitization for PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia in Hong Kong today. All eyes are on the deal, which will not only mark the first cross border securitization from Indonesia since the financial crisis, but the first stand alone cross-border future flow transaction from Asia as well.