Bank Mandiri begins roadshows

The state-owned bank launches the first international bond deal from a sovereign entity since the financial crisis.

About 90 people are said to have attended the opening presentation in Jakarta yesterday Wednesday for the CCCB3-rated bank's $100 million five-year FRN with three-year call and puts. There will now be a break for Ramadan before presentations commence again in Singapore on December 3 and Hong Kong on December 4, with pricing thereafter.

Investors report that the HSBC-led deal is likely to the first but not the last offering from Indonesia's largest bank as it seeks...

To continue reading, please login or register for free

Click for more on: bank | mandiri | begins | roadshows

Print Edition

FinanceAsia Print Edition


  • 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 ...