Pertamina picks up $1.5bn prize pot

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Pertamina picks up $1.5bn prize pot

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Pertamina priced the largest single tranche 30 year dollar bond from an Asian corporate issuer in the earlier hours of Friday morning. Despite not announcing the deal until 2:30pm HKT the day before, books built well and investor appetite for Indonesian credits drove pricing through the issuer’s existing curve.

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