HONG KONG, Oct 7 — Indonesian coal producer PT Adaro Energy Tbk is making investor presentations ahead of a possible global bond sale, a source close to the deal said.
The roadshow begins in Hong Kong today before moving to Singapore tomorrow and the day after.
Presentations will continue next week with meetings in London five days time followed by the United States.
The company has mandated Credit Suisse, DBS Bank and UBS for the sale of a benchmark-sized, 10-year global bond not callable for five years. Details on the pricing and the timing of sale were not immediately available. — Reuters
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