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Published on 11/15/2012 in the Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

New Issue: Indonesia prices $1 billion 3.3% 10-year sukuk notes at par

By Christine Van Dusen

Atlanta, Nov. 15 - The Republic of Indonesia - through special-purpose vehicle Perusahaan Penerbit SBSN Indonesia III - sold $1 billion 3.3% Islamic bonds due Nov. 21, 2022 (Baa3/BB+/BBB-) at par to yield 3.3%, a market source said.

The notes were talked in the 3.35% area.

Deutsche Bank, HSBC and Standard Chartered were the bookrunners for the Rule 144A and Regulation S deal.

Issuer:Perusahaan Penerbit SBSN Indonesia III
Amount:$1 billion
Maturity:Nov. 21, 2022
Description:Notes
Bookrunners:Deutsche Bank, HSBC, Standard Chartered
Coupon:3.3%
Price:Par
Yield:3.3%
Trade date:Nov. 14
Settlement date:Nov. 21
Ratings:Moody's: Baa3
Standard & Poor's: BB+
Fitch: BBB-
Distribution:Rule 144A and Regulation S
Price talk:3.35% area

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