Mandiri launches high yield bond

Pending final regulatory sign-offs, joint leads Credit Suisse First Boston and UBS Warburg plan to launch a $200 million five-year fixed rate deal for Bank Mandiri in Jakarta on Monday. Presentations for the senior debt deal will continue in the Indonesian capital until the end of the week when the team moves to Singapore on Friday. A scheduled stop in Hong Kong after this is unlikely to happen, however, and final presentations will be conducted by telephone before pricing around April 14.