Indonesia's Adaro to refinance bonds pre-IPO -investor

Newswire

(For an Indonesian IPO diary, click ) By Harry Suhartono JAKARTA, Nov 28 (Reuters) - PT Adaro Indonesia, the country's second-biggest coal mining firm, will list in Jakarta as soon as it has refinanced its $400 million bond issue, Indonesian investor Edwin Soeryadjaya told Reuters on Wednesday. Bankers had said previously that Adaro is seeking a $600 million initial public offering on the Jakarta Stock Exchange early next year. UBS and Goldman Sachs have been shortlisted to handle ...

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