Indonesian Wealth Fund Danantara Plans Dollar Bond Offering


Danantara’s latest fundraising plan follows a controversial move last year to tap 50 trillion rupiah ($2.8 billion) from the country’s tycoons via the so-called patriot bonds, an instrument paying a coupon of 2%, far below market-yields. It said that it would follow up on that bond sale, via another such offering, before later delaying the plan. 



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