Indonesian tanker owner Soechi Lines has successfully sold a new bond worth $200m.
The company will pay interest of 8.375% on the unsecured notes due in 2023.
Fitch Ratings assigned the debt a B+ mark.
The bonds were sold by Soechi's wholly owned subsidiary Soechi Capital.
They are guaranteed by Soechi and all its operating subsidiaries, and the proceeds will be used mainly to refinance Soechi's existing debt.
