The demand allowed Danantara Investment Management to tighten final price guidance to 5.35 percent for the five-year notes and 5.95 percent for the 10-year notes, according to a separate updated term sheet seen by Reuters.

The investment arm of Danantara has launched a US dollar bond in five- and 10-year tranches and is targeting about US$500 million for each tranche, three sources with knowledge of…

Danantara is also reportedly set to launch its debut US dollar bond that could raise as much as US$1 billion in what could become a key test of foreign appetite amid growing…