Soemadipradja & Taher advises on the Republic of Indonesia’s USD2.7 billion global bond issuance

Soemadipradja & Taher (S&T) is pleased to have acted as Indonesian counsel to the joint lead managers in connection with the Republic of Indonesia’s first international bond issuance in 2026. The offering, with an aggregate principal amount of USD2.7 billion was executed under the Republic’s SEC shelf-registered programme and represented its nineteenth global bond offering completed in SEC format.

The S&T team led by Partner Emalia Achmadi, with key contributions from Senior Associate Pratiwi and Associates Rahel Naomi and Indira Anjani, provided comprehensive legal support throughout the transaction, ensuring the smooth execution of the deal.

S&T is honoured to have been involved in this successful transaction. Over the years, S&T has had the privilege of advising on many of the Republic’s landmark sovereign issuances, including recent roles on the Republic of Indonesia’s Samurai (Japan), Kangaroo (Australia), and Dim Sum (China) bond issuances in 2025.

The successful issuance once again underscores the Republic of Indonesia’s robust standing in global markets and its ability to tap into international liquidity across various market cycles while maintaining strong investor confidence.