Indonesia kicks off busy post-holiday bond calendar

The Republic of Indonesia unveils its long-awaited 10-year bond which is expected to raise up to $2 billion. China Resources Power, Fosun, MIE, Melco Crown and GLP Logistics also line up deals.

Indonesia kicks off busy post-holiday bond calendar

The Republic of Indonesia has revealed plans to launch a benchmark-size 10-year dollar bond, after originally mandating the lead banks back in February.

According to one person familiar with the borrower, Indonesia wanted to complete its credit updates and was in no rush to launch the deal, preferring instead to wait for the right window to tap the market.

The deal should raise $1 billion to $2 billion, which is the typical...

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