Bumi Resources Mineral IPO to raise $234 mln-sources

JAKARTA, Nov 16 (Reuters) - Indonesia's Bumi Resources Mineral, a unit of Indonesia's biggest coal miner PT Bumi Resources, has priced its initial public offering at the top end of a 625-635 rupiah per share range, two sources with direct knowledge of the deal told Reuters on Tuesday.

The firm will raise 2.095 trillion rupiah ($233.7 million) by selling 3.3 billion primary shares, said the sources, who declined to be identified. The deal drew orders of almost $1 billion and investors will receive two free warrants for every three shares purchased in the IPO, IFR reported earlier on Tuesday.

(Reporting by Daniel Stanton and janeman Latul; Editing by Neil Chatterjee) ($1=8963 Rupiah) Keywords: BUMIRESOURCESMINERAL/ ([e-mail]) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.