CLSA Delta Dunia (DOID IJ) placement

CLSA is a joint global co-ordinator and joint bookrunner for a placement in Delta Dunia (DOID IJ) to raise up to US$460m.

Books still open until 5pm (HK) today. The Delta book is now covered on the base deal size.

Company: PT Delta Dunia Makmur Tbk (DOID IJ)

Deal Type: Placement of Existing Shares

Vendor: Mosaic Capital

Deal Size: 1,620,000,000 existing shares with an upsize option of up to 980,000,000 existing shares, approx 24%-38% of existing share capital

Price Range: Rp1,350 to Rp1,700

Selling restrictions: Reg S and 144A

Fees & Charges: 1% including normal market charges

Bookrunners: CLSA, Macquarie, Danereksa, Bahana

Lock up: 6 months on Mosaic Capital and Northstar

Timetable:

3 Nov - Books Open

5 Nov - Books Close

6 Nov - Indicative Allocations (subject to successful acquisition of Buma by Delta)

[9] Nov - Trade Date (Following acquisition of Buma by Delta)

[12] Nov - Settlement Date

(North Star is expected to acquire approx 40% of the company through an additional old share placement)