Indonesia names banks for planned euro and offshore yuan bond offers, documents show
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Indonesia has appointed Bank of China (Hong Kong), Deutsche Bank, and HSBC as joint lead managers for upcoming euro and offshore yuan bond offerings. Each offering will consist of three tranches, with details on size, pricing, and maturities yet to be disclosed. Global investor calls are scheduled, with potential issuance as early as Wednesday. The offshore yuan bonds are expected in three, five, and ten-year tranches, while the euro bonds will be in eight, twelve, and twenty-year tranches, rated Baa2, BBB, and BBB by Moody’s, S&P, and Fitch.
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