Published on 1/8/2015 in the Prospect News Emerging Markets Daily.
New Issue: Indonesia prices $4 billion notes due in 10 and 30 years
By Christine Van Dusen
Atlanta, Jan. 8 – Indonesia sold $4 billion of 10- and 30-notes (expected ratings: Baa3/BB+/BBB-) in a Rule 144A and Regulation S deal on Thursday, a market source said.
The $2 billion 4 1/8% 10-year notes priced at 99.393 to yield 4.2%, following talk in the 4¼% area.
The $2 billion 5 1/8% 30-year notes priced at 98.867 to yield 5.2%, following talk in the 5¼% area.
Citigroup, HSBC and Standard Chartered Bank were the bookrunners for the deal.
| Issuer: | Indonesia
|
| Amount: | $4 billion
|
| Description: | Notes
|
| Bookrunners: | Citigroup, HSBC, Standard Chartered Bank
|
| Trade date: | Jan. 8
|
| Settlement date: | Jan. 15
|
| Expected ratings: | Moody’s: Baa3
|
| Standard & Poor’s: BB+
|
| Fitch: BBB-
|
| Distribution: | Rule 144A and Regulation S
|
|
|
| 10-year notes
|
| Amount: | $2 billion
|
| Maturity: | Jan. 15, 2025
|
| Coupon: | 4 1/8%
|
| Price: | 99.393
|
| Yield: | 4.2%
|
| Price talk: | 4¼% area
|
|
|
| 30-year notes
|
| Amount: | $2 billion
|
| Maturity: | Jan. 15, 2045
|
| Coupon: | 5 1/8%
|
| Price: | 98.867
|
| Yield: | 5.2%
|
| Price talk: | 5¼% area
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
