Indonesia fuelled by success of bond deal

The Republic of Indonesia came back to the international bond markets late Wednesday (Oct 5) with a dual tranche $1.5 billion Reg-S 144A deal via joint leads Citigroup, Credit Suisse First Boston and Merrill Lynch. Despite being the subject of much debate thanks to its precarious timing so soon after the Bali bombings, the B2/B+/BB- rated deal came through unscathed and gathered a healthy final book totaling $4.25 billion.