Garuda Indonesia Global Sukuk Limited 

Order book of US$1.9bn. By geography, 56% of the deal was allocated to the Middle East, followed by 32% to Asia and the remaining 12% to investors in Europe. By investor type, banks / agencies took the bulk of the offering at 52% while private banks / corporates and fund managers were allocated 29% and 19% respectively. Garuda's Sukuk offering was done without any government or financial institution guarantee, making it the first Asia Pacific national flag carrier to successfully issue a USD benchmark bond on a standalone basis since Qantas Airways' USD bond offering in April 2006. 

5.950%

Wakala 

$500 million 

USD 

29 May 2020 

Indonesia 

5 Years 

29 May 2015 

 

 

ANZ Bank ,  Deutsche Bank ,  Dubai Islamic Bank ,  Standard Chartered ,  

Allen & Overy , Clifford Chance ,