Indonesia plans dollar-denominated bond sale in three parts

Chicago, Jan. 4 – Republic of Indonesia is planning a trifold dollar-denominated bond sale (Baa2), according to a 424B3 filing with the Securities and Exchange Commission on Wednesday morning.

All of the bonds will be fixed-rate bonds.

The two shortest-dated bonds will have three-month par calls and the longest-dated bond will have a six-month par call.

BofA Securities, Inc., DBS Bank Ltd., Hongkong and Shanghai Banking Corp. Ltd. (billing and delivery), Mandiri Securities Pte. Ltd. and Standard Chartered Bank are leading the sale as joint lead managers.

PT BRI Danareksa Sekuritas and PT Trimegah Sekuritas Indonesia Tbk. are co-managers.

Bank of New York Mellon will be the trustee.

The republic is using its own counsel, Ginting & Reksodiputro and Allen & Overy LLP. The underwriters are relying on Mayer Brown and Assegaf Hamzah & Partners for legal advice.

Proceeds will be used for general purposes of the republic.

Listing will be in Singapore and in Frankfurt.

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