LPEI will issue US$1 billion bonds next year

Lembaga Pembiayaan Ekspor Indonesia (Indonesia’s Eximbank) plans to issue US$1 billion global bond next year to fund expansion.  LPEI last month was sold $500 million of dollar bonds to yield 3.9%

Indonesia Eximbank's proposed notes to be issued under this EMTN programme worth US$1.5 billion.The lender named Bank of Tokyo-Mitsubishi UFJ, HSBC and Standard Chartered as underwriters for the offering.

Indonesia Eximbank, previously known as PT Bank Ekspor Indonesia (Persero), was established in 2009 through an Act of Parliament and is wholly-owned by Government of Indonesia.