IIF jumps on ESG bandwagon with debut sustainable bond

By Morgan Davis
21 Jan 2021

Indonesia Infrastructure Finance raised $150m from its maiden sustainability bond on Wednesday that proved popular among investors looking to get their hands on the rare southeast Asian credit.

The government-linked issuer had modest goals for its first dollar deal, seeking just $150m.

"If they had printed a proper benchmark size deal, it would have gone gangbusters," said a syndicate banker on the trade. IIF was set on raising the small amount, despite the limited ...

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