Indonesian Political, Business & Finance News

Danantara's Inaugural Global Bond Oversubscribed by Investors

| | Source: INVESTOR.ID Translated from Indonesian | Investment
Danantara's Inaugural Global Bond Oversubscribed by Investors
Image: INVESTOR.ID

President Prabowo Subianto has shared positive news regarding Indonesia’s investment developments, asking Investment and Downstreaming Minister/Head of BKPM and Danantara Indonesia CEO Rosan Roeslani to directly inform the public about the results of his working visits to several global financial centres. The good news stems from Danantara Indonesia’s success in issuing its inaugural global bond, which received an exceptionally strong response from international investors. Danantara Indonesia successfully issued its first US dollar bond worth USD 1.5 billion. The high level of investor interest reflects growing global market confidence in Indonesia’s economic prospects, national stability, and the direction of investment and downstreaming policies being pursued by the government. The successful issuance of this global bond is considered an important milestone for Danantara Indonesia in expanding its access to international funding while strengthening Indonesia’s position in the eyes of global financial market players. This move also opens greater opportunities to drive strategic investment, accelerate the development of the downstreaming sector, and enhance national economic competitiveness amid global economic challenges.

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