Hutama Karya navigates volatile markets for $600m debut

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Hutama Karya navigates volatile markets for $600m debut

Alice Huang
May 05, 2020 09:00 AM
Indonesia_flag_PAimages_5May
Volunteers unfurled a giant Indonesian national flag in the Horse Statue area, Jakarta, on October, 20,2019. Ahead of the inauguration of Joko Widodo and MA'ruf Amin as President and Vice-President in the 2019-2024 period, a number of volunteers unfurled a red and white flag along the 200 meters. (Photo by Dasril Roszandi/NurPhoto) | Dasril Roszandi/NurPhoto/PA Images

Indonesian quasi-sovereign construction firm Hutama Karya launched its first dollar bond on Monday, raising $600m from a 10 year deal despite the Covid-19 pandemic challenging the market.

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Health and BiotechCorporate BondsAsiaCoronavirusSoutheast AsiaIndonesiaAsia PacificEmerging MarketsSRIHigh grade and crossover bonds
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Alice Huang
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