After attracting US$4.6 billion in orders, Danantara increased the size of its bond issuance from US$1 billion to US$1.5 billion, split evenly between five-year and 10-year tenors.
Danantara CEO Rosan Roeslani addresses reporters in the Presidential Palace complex in Jakarta on May 7, 2025. (BPMI Setpres/Cahyo)
State asset fund Danantara's inaugural international bond offering, which was three times oversubscribed, reflects growing confidence in Indonesia’s economic outlook and the fund’s investment strategy, according to Danantara CEO Rosan Roeslani.“We met around 122 investors from various countries during the roadshow. Initially, we planned to raise US$1 billion, but orders reached approximately $4.6 billion during the book-building process," Rosan said during a press conference at the Presidential Palace on Monday.
"Given the strong demand, we decided to increase the issuance size from $1 billion to $1.5 billion, split evenly between five-year and 10-year tenors."
The announcement came a day after President Prabowo Subianto instructed Rosan, who also serves as Investment Minister to publicly communicate positive developments in Indonesia's investment landscape.
