{
    "success": true,
    "data": {
        "id": 1032444,
        "msgid": "dharmalas-frn-doubled-1447893297",
        "date": "1996-09-27 00:00:00",
        "title": "Dharmala's FRN doubled",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Dharmala's FRN doubled HONG KONG (Reuter): A floating rate note (FRN) issue for PT Dharmala Inti Utama has been priced and doubled, arranger Peregrine Fixed Income said. The notes, which have a three-year final maturity and a put option on the second anniversary, were priced at 287.5 basis points over the six-month London Interbank Offered Rate. Peregrine launched the notes with an indicated range of 265 to 300 basis points over LIBOR on Sept. 6.",
        "content": "<p>Dharmala's FRN doubled<\/p>\n<p>HONG KONG (Reuter): A floating rate note (FRN) issue for PT<br>\nDharmala Inti Utama has been priced and doubled, arranger<br>\nPeregrine Fixed Income said.<\/p>\n<p>The notes, which have a three-year final maturity and a put<br>\noption on the second anniversary, were priced at 287.5 basis<br>\npoints over the six-month London Interbank Offered Rate.<\/p>\n<p>Peregrine launched the notes with an indicated range of 265 to<br>\n300 basis points over LIBOR on Sept. 6.<\/p>\n<p>The size of the issue was doubled in syndication to US$200<br>\nmillion from $100 million at launch.<\/p>\n<p>Fourteen banks joined Peregrine Fixed Income in the<br>\ntransaction as lead managers. They are Bank Internasional<br>\nIndonesia, BEEI (DTC), Asiana (HK), Bangkok Bank, Bear Stearns<br>\nAsia, Boram Bank, Central Banking Corp, KEB (Asia) Finance, KEB<br>\nLeasing and Finance, Korean Long-Term Credit Bank, Tong Yang<br>\nMerchant Bank, UMBC International Bank, Union Europeenne de CIC<br>\nSingapore branch and Yamaichi Merchant Bank.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/dharmalas-frn-doubled-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}