Pertamina prices largest Asian corporate 30yr

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Pertamina prices largest Asian corporate 30yr

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Indonesian state-owned oil and gas company Pertamina priced the largest single tranche 30 year dollar bond from an Asian corporate issuer in the early hours of May 23. Despite the leads 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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