RI to market dollar bond

RI to market dollar bond

SINGAPORE: Indonesia will market its upcoming U.S. dollar-
denominated bond from Sept. 26 in New York and London, a source
familiar with the deal said on Tuesday.

The roadshow will move to Boston the following day, with
pricing likely on Sept. 28, the source said.

The size and the tenor of the pending deal still needs to be
determined, although bankers say the borrower could well opt for
a 10-year bond carrying a 2016 maturity.

Indonesia, which is turning to the international bond market
for the second time this year, is widely expected to tap the
market for a benchmark amount of US$500 million to $1 billion.

Citigroup Inc., Credit Suisse First Boston and Merrill Lynch
are the lead managers for the deal. -- Dow Jones