Indonesia’s Tunas Baru secures maiden dollar bond sale

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By Morgan Davis
18 Jan 2018

Indonesia’s Tunas Baru Lampung printed its first international bond on Wednesday, a few months after attempting a transaction in Singapore dollars.

The palm oil and sugar producer has been eyeing the international debt market for months, and first tried to sell a Singapore dollar deal in mid-2017. But that trade never came to fruition.

While Tunas Baru has not officially commented on why the deal didn’t go through, Lakshmanan ...

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