Indonesia takes three-tranche route with dollar deal

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Indonesia takes three-tranche route with dollar deal

The Indonesian sovereign priced its long awaited offshore tap on Tuesday in a record-breaking $2.2bn blockbuster. The three ranche structure and large size surprised market participants, who were expecting only $1.5bn in a tap of 2018 and 2038 bonds. Read EuroWeek on Friday for a full report.

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