By Aaron Hochman-Zimmerman
New York, Jan. 11 - Indonesia (Ba3/BB-/BB-) priced its 10- and 30-year tranches worth $1 billion each late Thursday night, according to a source close to the deal.
The bonds due Jan. 17, 2018 priced at a discount at 99.466 with a 6.78% coupon to yield 6.95%, in line with talk.
The bonds due Jan. 17, 2038 priced on top of talk at par to yield 7¾%.
Barclays, HSBC and Lehman Brothers were bookrunners for the Rule 144A and Regulation S deal.
| Issuer: | Indonesia
|
| Amount: | $2 billion
|
| Bookrunners: | Barclays, HSBC, Lehman Brothers
|
| Pricing date: | Jan. 10
|
| Settlement date: | Jan. 17
|
| Distribution: | Rule 144A/Regulation S
|
| Ratings: | Moody's: Ba3
|
| Standard & Poor's: BB-
|
| Fitch: BB-
|
|
|
| Ten-year bonds
|
| Issue: | 10-year bonds
|
| Amount: | $1 billion
|
| Maturity: | Jan. 17, 2018
|
| Coupon: | 6.78%
|
| Price: | 99.466
|
| Yield: | 6.95%
|
| Price talk: | 6.95%
|
|
|
| Thirty-year bonds
|
| Issue: | 30-year bonds
|
| Amount: | $1 billion
|
| Maturity: | Jan. 17, 2038
|
| Coupon: | 7¾%
|
| Price: | Par
|
| Yield: | 7¾%
|
| Price talk: | 7¾%
|
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