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Indonesia talks dollar benchmark sukuk at 4.4%-area yield; pricing expected Tuesday
By Christine Van Dusen
Atlanta, Sept. 2 – Indonesia set talk in the 4.4% area for its dollar-denominated offering of Islamic bonds (expected ratings: Baa3/BB+/BBB-), which are expected to price on Tuesday, a market source said.
CIMB, Emirates NBD Capital, HSBC and Standard Chartered Bank are the bookrunners for the Rule 144A and Regulation S deal.
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