B-rated Multipolar dares to launch dollar bond deal
Multipolar braved Asia’s fragile debt market to attempt its debut dollar bond on July 18 even as the region’s markets were still recovering from a debt market rout.
The Indonesian retailer, which is rated B+ by Standard & Poor’s and Fitch, launched a $200m five year non-call three Reg S deal with initial guidance of high 9%, immediately after investor meetings wrapped up in London the night before.
The bonds will be issued by holding company ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
 wins in UK election 13dec19 from PA 230x150.jpg)
