Buma bonds provide 11.75% yield

PT Bukit Makmur Mandiri Utama (Buma) is selling US$315 million of five years bonds with an annual yield of 11.75%.
Buma, second biggest coal mining contractor in Indonesia after PT Pamapersada Nusantara, has set up banks loan of US$285 million with an annual interest rate of 6.9% as well. Barclays Capital is lead arranger for both bonds and loans.

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