Bakrie link will not hold back EMP bond: analysts
Indonesian oil and gas company Energi Mega Persada is in the middle of a long roadshow to pitch an international bond, attempting to attract demand amid widespread headlines about one of its shareholders, Bakrie Group. But bankers and analysts think questions surrounding Bakrie will not have a big impact on its chances of getting demand.
Energi Mega is planning to debut in the global bond market, making its second attempt to do so after calling off a deal two years ago. It wants to sell around $570m of five year non-call three bonds, and started meeting investors to pitch the deal on Monday.The ...
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