two-indonesian-debt-deals-in-the-pipeline

Two Indonesian debt deals in the pipeline

Bond deals for Indika and Berlian Laju Tanker are likely to attract good demand.
Indonesian coal company, PT Indika Inti Energi, has mandated JPMorgan and ING on a $250 million dollar bullet bond. The three-day roadshow for the Reg-S deal will begin today, encompassing Hong Kong, Singapore, and London.

At the same time, Berlian Laju Tanker BLT, an Indonesian shipping company has also mandated JPMorgan, as well as Deutsche bank, on a $200 million seven-year non-call issue, rated BBB-. The roadshow for this deal will last five days and take in Hong Kong, Singapore, London and the US.

The Indika offering comes at a time of huge growth prospects for Indonesian coal companies, in light of ChinaÆs voracious energy appetite. Indonesian coal is...
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