Adaro appoints joint bookrunners of proposed senior notes

Friday, October 2 2009 - 09:48 AM WIB

PT Adaro Energy Tbk announced on Friday its indirectly wholly-owned subsidiary, PT Adaro Indonesia has mandated Credit Suisse Securities (Europe) Limited, DBS Bank Ltd. and UBS AG as joint bookrunners of its proposed Regulation S/Rule 144A offering of US-dollar fixed-rate senior notes that will be guaranteed by PT Adaro Energy Tbk.

The transaction is expected to be launched in the near future, subject to market conditions, the company said. (alex).

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