New Issue: Indonesia sells $1 billion 10-year bonds to yield 7 3/8%

By Paul A. Harris and Reshmi Basu

St. Louis, April 13 - The Republic of Indonesia priced $1 billion of 10-year bonds (B2/B+/BB-) at 99.127 with a 7¼% coupon to yield 7 3/8%, according to a market source.

The new global bonds priced directly down the middle of price guidance. On Tuesday, guidance had been set at 7¼% to 7½%.

Citigroup, Deutsche Bank and UBS AG were the bookrunners for the Rule 144A/Regulation S deal.

Issuer:	Republic of Indonesia
Amount:	$1 billion
Maturity:	April 20, 2015
Issue:	Global bonds
Coupon:	7¼%
Price:	99.127
Yield:	7 3/8%
Spread:	302 basis points over Treasuries
Trade date:	April 13
Settlement date:	April 20
Price talk:	7¼% to 7½%
Bookrunners:	Citigroup, Deutsche Bank, UBS
Co-managers:	Credit Suisse First Boston, JP Morgan
Ratings:	Moody's: B2
	Standard & Poor's: B+
	Fitch: BB-

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