Star Energy prices 5-yr bond at 11.5 pct -source
HONG KONG |
HONG KONG Feb 5 (Reuters) - Indonesia's Star Energy Geothermal priced a five-year $350 million bond at 11.5 percent, a source close to the deal said on Friday.
Barclays Capital (BARC.L), Standard Chartered Bank (STAN.L) (2888.HK) and Nomura were handling the issue, rated B2 by Moody's and B+ by Fitch.
The pricing was in the median range of an initial guidance of 11.25-75 percent band and the amount was at the upper end of a $300-$350 million initial projection. (Reporting by Umesh Desai; Editing by Jacqueline Wong)
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