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Republic of Indonesia 2023 (Green Sukuk)

Summary
SPV Name:
Republic of Indonesia 2023 

Notes:
Standard & Poor's upgrading of Indonesia to investment grade in 2017 was one of the factors which drove strong demand for the issuance to $1.25 billion as well as driving down the coupon from a previously touted 4.05%. Advised by Clifford Chance: The firm advised the Republic of Indonesia on the United States and English law aspects of the programme and the issuances. 


Profit rate:
3.75%
 
Download Documents:
 
Sukuk Details
Type:
Wakala 

Issue Size:
$1.25 billion 

Currency:
USD 

Maturity:
18 February 2023 

Country of Issue:
Indonesia 

Tenor:
5 years 
Issue Date:
24 February 2018 
Sukuk Rating:
 
Exchanges:
 
Arrangers:
Advisors:
 
 
 

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