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Published on 1/12/2010 in the Prospect News Emerging Markets Daily.

New Issue: Indonesia prices $2 billion 5 7/8% 10-year notes at 99.044 to yield 6%

By Paul A. Harris

St. Louis, Jan. 12 - The Republic of Indonesia priced $2 billion of 5 7/8% 10-year global bonds (Ba2/BB-/BB) at 99.044 to yield 6% on Tuesday, according to an informed source.

The yield printed on top of the price talk.

Barclays Capital, Citigroup and Credit Suisse were the bookrunners for the Rule 144A and Regulation S deal.

Issuer:Republic of Indonesia
Amount:$2 billion
Maturity:March 13, 2020
Securities:Global bonds
Bookrunners:Barclays Capital, Citigroup, Credit Suisse
Coupon:5 7/8%
Price:99.044
Yield:6%
Spread:227.9 bps
Trade date:Jan. 12
Settlement date:Jan. 19
Ratings:Moody's: Ba2
Standard & Poor's: BB-
Fitch: BB
Distribution:Rule 144A/Regulation S
Price talk:6% area

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