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Indonesia talks dollar-denominated sukuk due in five, 10 years
By Rebecca Melvin
Concord, N.H., May 24 – Indonesia was talking two tranches of dollar-denominated Islamic bonds, or sukuk (expected rating: Baa2//BBB), according to a pre-stabilization notice.
The notes will be issued via Perusahaan Penerbit SBSN Indonesia III.
The five-year notes were being talked in the area of 4¾%, and the 10-year notes were being talked in the area of 5.1%.
CIMB, Deutsche Bank, Dubai Islamic Bank, HSBC and Standard Chartered Bank are managers of the Rule 144A and Regulation S notes.
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