Summary
SPV Name:
Republic of Indonesia 2023
Notes:
Standard & Poor's upgrading of Indonesia to investment grade in 2017 was one of the factors which drove strong demand for the issuance to $1.25 billion as well as driving down the coupon from a previously touted 4.05%.
Advised by Clifford Chance: The firm advised the Republic of Indonesia on the United States and English law aspects of the programme and the issuances.
Profit rate:
3.75%
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