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Refinancing risk to Rise for Indonesian Coal Miners

JAKARTA (TheInsiderStories) - Moody's Investors Service reported that while the cash needs of rated Indonesian coal mining companies are manageable over the next 12 months. But,...

Indonesia’s Adaro Energy to Issue Global Bonds US$750M

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Adaro Energy Tbk' (IDX: ADRO) unit to issue a global bond worth of US$750 million, the official...

Indonesia Approves Additional Quotas for 34 Coal Miners

JAKARTA (TheInsiderStories) - Indonesia' ministry of energy and mineral resources agreed to increase the production quota for 34 coal companies proposed in the middle...

Indonesia’s Indika Energy 100% Owns Multi Tambangjaya

JAKARTA (TheInsiderStories) - Indonesia' energy company, PT Indika Energy Tbk (IDX: INDY) through its unit has acquired a 15 percent or 2,63 million shares...

Indonesia’s Bumi Resources Pays Debt US$270M

JAKARTA (TheInsiderStories) - The Bakrie Group subsidiary, PT Bumi Resources Tbk (IDX: BUMI) has paid debts of $270.4 million until July 2019. The debts...

Indonesia’s Bumi Resources Paying Off Debts US$100M

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bumi Resources Tbk (IDX: BUMI) confirms that a Contingent Value Rights (CVRs) payment worth US$100 million occurred on June...

Moody’s Downgrades ABM Investama Ratings to B1

JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded to B1 from Ba3 the corporate family rating (CFR) of PT ABM Investama Tbk (IDX: ABMM) and...

Indonesia’s Adaro Prepares Funds US$600M to Support Business

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Adaro Energy Tbk (IDX: ADRO) prepared capital expenditure up to US$600 million for this year, said the company...

Moody’s: ABM Investama’s Investment Planned in Coal Miner Has No Immediate...

JAKARTA (TheInsiderStories) - Moody's Investors Service says that ABM Investama Tbk (P.T.)'s (Ba3 negative) plan to acquire a minority stake in an affiliated Indonesian...

Indonesia’s Bumi Resources Pays Debt US$52M

JAKARTA (TheInsiderStories) -- Little by little, Indonesian miner PT Bumi Resources Tbk (IDX: BUMI) is installing its huge debts that burden company's financial. Today...