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The bond offering was oversubscribed about 1.64 times across 88 investor accounts, IJGlobal understands. Indonesian oil & gas major Medco Energi Internasional has priced a $500 million 5.5 year non-call 2-year senior first lien dollar bond, the first high-yield rated bond from the country in 2023. Joint lead managers and joint bookrunners of the latest bond offering are: ING Morgan Stanley (B&D) Standard Chartered Credit Agricole CIB DBS Mandiri Securities MUFG The company is also in the market with a concurrent tender offer for 4 of its outstanding bonds. [Extracted from the article]

Reports on the exchange and consent offer announced by Indonesia's Asia Pulp and Paper (APP) for its October 2001 floating-rate note. Reason for the company's capital market move; Three options presented by APP to investors; Information on an original transaction launched by the company.

Backed by as much as 1,100 trillion rupiah in Bank Indonesia's government bond holdings, the SRBI is aimed at creating a stronger anchor for the rupiah that's been undercut by outflows, especially as the central bank expects as many as two more interest-rate hikes in the US. (Bloomberg) -- Bank Indonesia is issuing new rupiah securities to replace its existing reverse repurchase facility and "Operation Twist" bond sales to provide a more powerful tool for luring foreign funds, according to Governor Perry Warjiyo. [Extracted from the article]

The article reports on the decision of Indonesian property developer Pakuwon Jati to delay settlement of its $110 million bond in November 2006, following a court ruling that criticised the structure of a similar deal. The Indonesian Supreme Court had ruled that $500 million of secured bonds sold by Indah Kiat Pulp & Paper were invalid. The use of an offshore company is a standard practice in Indonesia because it allows a company to issue bonds without conducting a domestic public offering.

The article reports on a blowout $1 billion five and 10 year bond issue of Indonesia Perusahaan Listrik Negara (PLN). It says that rival bankers criticized the generous spread over Indonesian sovereign paper of the deal. A controlling stake in PLN will be maintained by the Indonesian government for the life of the notes.

The article reports that the Republic of Indonesia has chosen Citigroup, Deutsche Bank and UBS to lead its next international bond. Indonesia's longest outstanding bonds mature in 2017 and 2035. The blockbuster performance of Indonesia's $1.6bn 8.5% 2035 bonds proved investors had appetite for long dated Indonesian paper. The mandate is understood to task the banks with arranging a new offshore bond issue in the first quarter of 2007.

Presents news briefs in Asia. Purpose of the South Korean ministry of finance and economy's issuance of bonds in October 2000; Upgrade of the Republic of Indonesia's foreign currency issuer ratings by Standard and Poor's; Details on the Malaysian ministry of finance's mandate for Deutsche Bank to lead manage a euro denominated bond issue.

Details on Asia Pulp & Paper's (APP) $500 million bond issue under lead manager Credit Suisse First Boston in Indonesia. Sustained widening in Indonesian bond spreads; Effects of the currency crisis in the Asian region; Plans to tap demands for APP paper.

(Bloomberg) -- Bank Indonesia is issuing new rupiah securities to replace its existing reverse repurchase facility and "Operation Twist" bond sales to provide a more powerful tool for luring foreign funds, according to Governor Perry Warjiyo. Backed by as much as 1,100 trillion rupiah in Bank Indonesia's government bond holdings, the SRBI is aimed at creating a stronger anchor for the rupiah that's been undercut by outflows, especially as the central bank expects as much as two more interest-rate hikes in the US. [Extracted from the article]

The article offers a look on the capital markets in Indonesia as of September 2009. It describes the growing trend for high yield bonds, which are preferred by investors but not issuers. Adaro is believed to be offering bond and loan buyers some welcome new paper. Also reported is Bukit Makmur Mandiri Utama's (BUMA) plan to take out loans and bonds.

The article examines a decision of Indonesia's supreme court made public on October 31, 2008 reversing a lower court decision to free the company Asian Pulp & Paper from $500 million in debt obligations in the form of corporate bonds. Investors in the corporate bonds of developing countries were pleased with the judgment. Some investors, however, had already settled with the company before the decision was announced.

Reports on the success of the $750 million Yankee bond offering by Indonesia firm PT Pindo Deli Pulp and Paper. Pricing; Management of the offering by Credit Suisse First Boston, Deutsche Morgan Grenfell and Bank of America; Rating of the bonds.

Amid continued global turmoil, the governor doubled-down on Bank Indonesia's "front-loaded, pre-emptive and forward-looking interest rate policy" to anchor "overshooting" inflation expectations, with the goal of wresting the core gauge back to the 2%-4% target earlier in the first half of 2023. (Bloomberg) -- Bank Indonesia stands ready to further raise interest rates and boost short-term bond yields to support the rupiah into 2023, Governor Perry Warjiyo said. [Extracted from the article]

The article reports that the Republic of Indonesia has sold almost $1 billion of rupiah-denominated retail bonds, repeating the success of its two earlier retail issues as it continues to expand its investor base. The government sold Rph9.367 trillion or $997 million of four year notes at a coupon of 9.4% after accepting all bids placed at a uniform-price auction.

(Bloomberg) -- Bank Indonesia is selling government bond holdings in the secondary market, ratcheting up its efforts to mop up excess liquidity in the financial system. The bond sales mark the first time Bank Indonesia is selling such holdings since taking on an ultra-easy monetary policy during the pandemic, which resulted in 150 basis points of interest-rate cuts and more than 985 trillion rupiah in debt purchases by the end of 2021. [Extracted from the article]

Reports developments concerning investments in Asia as of November 2001. Significance of the success of Goldman Sach's real-estate investment trust to foreign investments; Details of the launch of javelin Asia Pacific Principal Protected Notes by ZCM Investor Capital; Price of Asia Pulp & Paper bonds.

The article reports on the growth of the high yield bond market in Indonesia. One of the factors that contributed to the capacity expansion of Indonesian companies was the increasing consumption. The country is a significant market because it is open to foreign investment. It also highlights the importance of sovereign benchmark bonds to investors.

Reports on the launch of a new debt offering for Asia Pulp & Paper's (APP) subsidiary Tjiwi Kimia of Indonesia. Expansion of issue size to $600 million; Background of sustained volatility in the Asian currency market; Goldman Sachs and Morgan Stanley as co-lead managers; Floating rate notes launched for PT Rekasaran; Long term rating of PT Bank Niaga; PT Putra Surya Multidana's domestic bond issue.

This article reveals that the Republic of Indonesia has named the lead managers for its first international Islamic bond sale. Barclays, HSBC and Standard Chartered will handle the dollar-denominated global sukuk, which is set to be launched in November 2008 and expected to be worth up to $1 billion (bn). Bankers warned, however, that the deal would be far from straightforward because of the size and maturity targets that Indonesia has set. Other Asian countries plans to increase their use of Islamic finance to target investment from the Middle East.

The article reports that the Republic of Indonesia has priced its biggest sovereign bond in a stunning $2.2 billion (bn) hit that drew orders worth a record $6.2bn. The deal shows emerging market investors remain as enraptured as ever with the southeast Asian sovereign, despite fiscal and economic problems that have plagued Indonesia's domestic bond market. Lead managers Credit Suisse, Deutsche Bank and Lehman Brothers launched three separate taps, reopening Indonesia's existing benchmarks due 2014, 2018 and 2038.

The article reports on the one billion dollar 30-year bond that was sold by Indonesia-based electricity firm Perusahaan Listrik Negara (PLN) to the international bond market in mid-October 2012. The issue generated 11.5 billion dollars of orders. The bookrunners of the deal are Barclays and Citi. It also cites the 600 million dollars that was raised by Australia-based Sydney Airport Finance to the U.S. dollar bond market.

The article reports that oil and gas producer Pertamina was able to raise funds from a dual-tranche bond in May 2012. Amounting to 2.5 billion U. S. dollars, the bond reportedly proves that there is still a strong demand for Indonesian credits. The bond, comprised of 10 year and 30 year notes, was able to draw 9.3 billion U.S. dollars of demand. The authors shares that the deal indicates that 2012 will be a record year for Indonesian international bond issuers.

The article focuses on the bond issued by Media Nusantra Citra (MNC) in Indonesia. The bond declined from $230 million to $150 million after MNC decided to withdraw the portion of financing for its acquisition of stake in Indovision. Citigroup was allegedly reported to have lost the mandate to other firms after withdrawing a high yield deal for Indonesia's Noble Group. It cites the reaction of some bankers to the structure of the deal that Citigroup has marketed since July 2006.

The article provides information on bonds issued in Asia as of March 2, 2006. The sole manager of bonds from Lippo Karawaci Finance BV is UBS. Bonds issued by Korea Development Bank were priced at 100. Barclays Capital, JP Morgan and UBS were mandated as bookrunners of a bond issue from the Republic of Indonesia.

The article focuses on the oversubscription of the bond deal released by Excelcomindo, a telecommunications company in Indonesia. The value of the deal is $250 million. Merchant Bankers and JP Morgan are some of the lead managers of the deal. Banks took 21 percent of the deal.

Reports on the rupiah bond issued by PT Bank Tabungan Negara in Indonesia on April 30, 2004. Bookrunners for all Asian currency bonds; Information on Nordea Bank Finland; Bond issued by Household Finance.

Reports on the bond deals to be launched into the bonds market by four Asian companies led by the Metropolitan Waterworks and Sewerage System (MWSS) in Manila, Philippines. Plans of holding company Sun Sage, Indonesian bank PT Bank Danamon and Malaysia Titan Petrochemical & Polymers to follow the move of MWSS; Launch of the MWSS Reg S bond through BNP Paribas; Purchase of PT Bank Danamon of a majority stake in PT Adira Dinamika Multifinance.