Danareksa Sekuritas

Indonesia’s pandemic bond debut shows promise but widespread adoption is doubtful

The sovereign has sold its largest-ever bond. This should help protect the economy from the coronavirus and finances a significant portion of its stimulus package. However, the structure is unlikely to be utilised globally for political reasons.

April 12, 2020

Placement portion of BTN’s rights issue raises $154 million

Indonesia’s Bank Tabungan Negara sets the rights issue price at a 17.4% discount to Terp and prices the placement at a 9% discount for a total deal size of $195 million.

November 05, 2012

MNC Skyvision raises $220 million from Indonesia IPO

Indonesian pay-TV operator MNC Skyvision exercises its upsize option in full following robust demand and support from four anchor investors.

June 25, 2012

Bank Danamon seeks $586 million from rights issue

Indonesia's Bank Danamon sets an indicative price at a 15.8% to 28.1% discount to last Friday's close. The issue will open for subscription in mid-September.

July 25, 2011

Indonesian media company prices IPO

The scarcity of paper helps to attract interest in Media Nusantera Citra's IPO, but strong company fundamentals and a convincing management team were key to turning interest into orders.

June 07, 2007