White & Case and Linklaters are acting for the Indonesian government and the underwriters, respectively, on a $1.75 billion debt issue on the Singapore Exchange. The deal is the first offering under a new $15 billion debt program.
January 11, 2012 at 12:00 AM
1 minute read
White & Case is advising the Indonesian government on a $1.75 billion sovereign debt issue on the Singapore Exchange.
Calculated to yield 5.375 percent, the Indonesian bonds are targeted at investors from the U.S. and Europe as well as Asia. According to the prospectus, the bond sale will help the Indonesian government plug its budget deficit this year.
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