PLN attracts 13 for maiden loan outing

Guatemala, electricity, LatAm, power, Energuate
By Pan Yue
03 Oct 2018

Indonesian power company Perusahaan Listrik Negara has closed its debut offshore loan after exercising part of the greenshoe option.

The deal was launched into general syndication in July with an initial size of $1.5bn and a $500m greenshoe option. It was boosted to $1.62bn after attracting 13 participants during syndication, according to a banker close to the situation.

ANZ, Citi, Bank of China Hong Kong, ...

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