CIMB Investment Bank to lead landmark transaction

Zafrul Aziz: ‘The collective transaction is the largest issuance by an emerging market sovereign for the second half of this year.’ – Bloomberg

PETALING JAYA: CIMB Investment Bank Bhd has emerged as the only Asean bank to have jointly managed the Indonesian government’s US$3.5bil bond issuance, which is the largest transaction by an emerging market economy in the second half of this year.

The investment banking arm of CIMB Group Holdings Bhd said in a statement yesterday that it had acted as the joint lead manager and joint bookrunner for the US$2.25bil 10-year and US$1.25bil 30-year senior unsecured fixed rate notes.