SYDNEY- Indonesia has raised $1.8 billion in 10- and 30-year dollar bonds, according to a term sheet reviewed by Reuters on Wednesday.
The 10-year bond raised $1.15 billion while the longer-dated paper raised $650 million, the term sheet showed.
Final pricing for the 10-year bond was 4.8 percent and 5.2 percent for the 30-year bond.
Initial price guidance given to investors on Tuesday was around 5.15 percent for the 10-year bond and around 5.5 percent for the longer-dated bond, an earlier term sheet ahead of the deal’s launch showed.
The final order book for the deal stood at $4 billion from nearly 200 investors across both bonds, according to a book runners’ message seen by Reuters on Wednesday.
US based investors bought 47 percent of the 10-year bond and 40 percent of the 30-year bond, it said, while Asia-based investors were the second biggest buyers of the debt.
Indonesia intends to use the funds raised for general financing purposes across the country, the Tuesday term sheet showed.