IFLR1000

Solusi Tunas Pratama $300 million 6.25% notes issue

24/2/2015
Investment grade bond/note issue
Select tab

$ 300 million

Completed

24/2/2015

Overview:

  • Solusi Tunas Pratama (STP) has undertaken a $300 million 6.25% notes issue.
  • BNP Paribas, JPMorgan, ING, Standard Chartered Bank and HSBC were underwriters in the deal.
  • The deal refinanced the indebtedness incurred by STP in financing the acquisition of 3500 tower sites from PTXL Axiata, more than doubling the size of STP’s tower business. 

Katrin Kostadinova - Data analyst 

Jurisdiction:

Indonesia

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Indonesia

Industry sector:

Technology and telecommunications

Firms:
A&O Shearman - Singapore

Party: BNP Paribas (Underwriter)

Party: JP Morgan (Underwriter)

Party: Standard Chartered Bank (Underwriter)

Party: HSBC (Underwriter)

Party: ING (Underwriter)

Allen & Gledhill

Party: Solusi Tunas Pratama (Issuer)

Makes & Partners

Party: BNP Paribas (Underwriter)

Party: JP Morgan (Underwriter)

Party: ING (Underwriter)

Party: Standard Chartered Bank (Underwriter)

Party: HSBC (Underwriter)

Sidley Austin

Party: Solusi Tunas Pratama (Issuer)

Related deals