Pertamina back with $500 million 30-year bond

Indonesian oil and gas company Pertamina returns with a $500 million 30-year bond driven by reverse enquiries.

Pertamina back with $500 million 30-year bond

Just three days after printing its debut $1 billion 10-year international bond, Indonesian oil and gas company Pertamina returned to the market with a long-dated issue. Late on Friday night, the state-owned company priced a $500 million 30-year bond after investors showed interest in a longer deal.

“There was quite a bit of unfilled demand from the first bond and a few reverse enquiries,” said one banker close to the deal. “A number of companies...

To continue reading, please login or register for free

Click for more on: pertamina

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...