Danantara raises $1.5 billion in debut dollar bond sale
What's new: Orders topped $4.6 billion, letting the fund raise more than planned as Indonesia faces pressure on the rupiah.
Series
Danantara · Debut Dollar Bond Sale
Indonesia's Danantara tests demand with $1 billion bond sale
What's new: The sovereign wealth fund is marketing 5- and 10-year dollar notes as officials try to steady the rupiah and calm investors.
The Business Times (Singapore)
Danantara launched debut $1 billion bond sale in test for Indonesia
What's new: final guidance tightened to 5.35% for five-year notes and 5.95% for 10-year debt ahead of pricing.