Bond buyers debate value as Indonesia pushes for $4bn
The Republic of Indonesia looks set to raise up to $4bn in the global bond markets on Tuesday in a deal that fund managers said was being marketed at only a narrow premium to its outstanding debt.
Indonesia announced a new 10 year issue on Monday and was considering adding a 30 year tranche in an effort to raise up to $4bn, investors said.
Lead managers Barclays Capital, Citi and Credit Suisse were sounding out investors with whispers of around 6% for the 10 year
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.