Indonesia announces dollar-denominated three-part bond offering

Chicago, Jan. 3 – The Republic of Indonesia is offering three dollar-denominated fixed-rate bonds (Baa2/BBB/BBB), according to a 424B3 filing with the Securities and Exchange Commission on Wednesday morning.

At a certain point, each of the bonds will be callable at par.

Australia and New Zealand Banking Group Ltd., BofA Securities, Inc., Deutsche Bank AG, Singapore Branch, Morgan Stanley & Co. LLC and UBS AG Singapore Branch are acting as joint bookrunners. BofA is handling billing and delivery.

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, Hiswara Bunjamin & Tandjung 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, including to partially fund general financing requirements.

The bonds will be listed in both Singapore and Frankfurt.

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