Tag: Debt Refinancing
Indonesia: Sinar Mas Agro Releases Rupiah Bond US$103M
JAKARTA (TheInsiderStories) - Cooking oil producer, PT Sinar Mas Agro Resources and Technology Tbk (IDX: SMART), plans to release three series of the domestic bond amounting...
Indonesia: Golden Energy Releases Global Bond to Pay the Debt
JAKARTA (TheInsiderStories) - Unit of coal miner, PT Golden Energy Mines Tbk (IDX: GEMS), has planned to releases global bond for debt refinancing and get a...
Adaro Indonesia Secures Funds to Refinance the Debt
JAKARTA (TheInsiderStories) - The coal miner, PT Adaro Indonesia has secured a loan facilities worth of US$400 million to make an early repayments of its total...
Indonesia: Pakuwon Considers to Release Global Bond in 2021
JAKARTA (TheInsiderStories) - Property company, PT Pakuwon Jati Tbk (IDX: PWON) is exploring to issues global bond through its unit Singapore-based, Pakuwon Prima Pte. Ltd. in this year,...
Pefindo: The Issuances of Corporate Bond Could Reach US$11B in 2021
JAKARTA (TheInsiderStories) - Rating agency company, PT Pemeringkat Efek Indonesia (Pefindo) projected total issuances of corporate bond is estimated to reach Rp159 trillion (US$10.96 billion) in...
Indonesia: Adaro Energy to Refinances US Dollar Debt
JAKARTA (TheInsiderStories) - Publicly listed firm, PT Adaro Energy Tbk (IDX: ADRO), is exploring a syndicated loan around US$400 million to refinances the debt will mature...
Indonesia: Smartfren Telecom Converts MCB US$267M
JAKARTA (TheInsiderStories) - Telco operator, PT Smartfren Telecom Tbk (IDX: FREN), has completed the conversion of mandatory convertible bond (MCB) into 39 billion Series C...
Indonesia: Waskita Sells Two Toll Roads to SMI for US$141M
JAKARTA (TheInsiderStories) - State firm, PT Waskita Toll Road (WTR) has sold two toll roads with share swap and cash payment transaction with PT Sarana Multi...
Indonesia’s Sritex Debt Extension Unsure, Rating Downgraded
JAKARTA (TheInsiderStories) - Textile manufacturer, PT Sri Rejeki Isman Tbk (IDX: SRIL) also known Sritex reported only 60 percent of their lender has agreed to extend...
Indonesia’s Ciputra Development Refinances Debt US$112M
JAKARTA (TheInsiderStories) - The developer, PT Ciputra Development Tbk (IDX: CTRA) had completed the debt refinancing of global bond S$150 million (US$111.94 million) due in September...
Hartman, Summer Ace Ventures to Hold Bumi Minerals Shares
JAKARTA (TheInsiderStories) - Two global investors, Hartman International Pte. Ltd., and Summer Ace Ventures become the standby buyer of local miner, PT Bumi Resources Minerals...
Indonesia’s Mayapada Hospital Operator Seeks Fund US$91M
JAKARTA (TheInsiderStories) - Medical services company, PT Sejahteraraya Anugrahjaya Tbk (IDX: SRAJ) seeks funding around Rp1.32 trillion (US$91.67 million) from rights issue program, the management announced...
Indonesia’s Merdeka Copper Releases Rupiah Bond US$107M
JAKARTA (TheInsiderStories) - Mining company, PT Merdeka Copper Gold Tbk (IDX: MDKA) plans to released two series of local bond up to Rp1.5 trillion (US$107.14...
Indonesia’s Wijaya Karya to Issues Rupiah Bond US$214M
JAKARTA (TheInsiderStories) - State firm, PT Wijaya Karya Tbk (IDX: WIKA) to issuer domestic bond and SUKUK up to Rp3 trillion (US$214.29 million) to pay the...
Indonesia’s Gajah Tunggal Offers Global Bond US$270M
JAKARTA (TheInsiderStories) - Tire producer, PT Gajah Tunggal Tbk (IDX: GJTL), plans to issue five-years' global bond around US$270 million, the management announced today. The...
Pupuk Indonesia Offers Rupiah Bond US$178M
JAKARTA (TheInsiderStories) - The producer of fertilizer, PT Pupuk Indonesia offered the domestic bond up to Rp2.5 trillion (US$178.57 million) for debt refinancing, Fitch Ratings reported...
Indonesia’s Ciputra Issues Another US$19M from the Global Bond Market
JAKARTA (TheInsiderStories) - The real estate firm, PT Ciputra Development Tbk (IDX: CTRA) issued another S$25 million (US$18.79 million) of global bond, bringing the total...
Indonesia’s Intiland Development to Divests Non-Core Assets
JAKARTA (TheInsiderStories) - The developer, PT Intiland Development Tbk (IDX: DILD) plans to divesting its non-core assets with total values of Rp5 trillion (US$357 million) to...
Indonesia’s Tower Bersama Seeks US$208M from Bond Market
JAKARTA (TheInsiderStories) - After released the global bond and get loan, the telco tower provider, PT Tower Bersama Infrastructure Tbk (IDX: TBIG) announced to offer local...
Indonesia’s Sritex Postpones the Global Bond Issuance
JAKARTA (TheInsiderStories) - Textile producer, PT Sri Rejeki Isman Tbk (IDX: SRIL) or Sritex has postponed its plan to issue global bond due to unfavorable market...
Moody’s Assigns Ba3 and Fitch BB- to BUMA’s US Dollar Notes
JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Ba3 rating to the miner, PT Bukit Makmur Mandiri Utama (BUMA) proposed US Dollar senior secured notes with rating outlook...
Indonesia’s Tower Bersama Get US$275M Loans to Pay Debt
JAKARTA (TheInsiderStories) - Tower provider owned by the Saratoga Group, PT Tower Bersama Infrastructure Tbk (IDX: TBIG), obtained a revolving credit facility US$275 million from...
Indonesia’s Tower Bersama Releases Global Bond US$300M
JAKARTA (TheInsideStories) - PT Tower Bersama Infrastructure Tbk (IDX: TBIG), a telecommunications tower company owned by Saratoga Group, to issues global bond of US$300 million with an interest...
Indonesia’s J Resources Releases Bond US$27M
JAKARTA (TheInsiderStories) - Gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) announced to released Rupiah bond up to Rp384.09 billion (US$27.24 million) for debt...
Indonesia’s Sritex Offers Bond US$150M for Debt Refinancing
JAKARTA (TheInsiderStories) - Indonesian textile manufacturer, PT Sri Rejeki Isman Tbk (IDX: SRTX) also known Sritex, offered senior unsecured notes US$150 million for debt refinancing. Moody's...
Indonesia’s Krakatau Steel Releases MCB US$156M
JAKARTA (TheInsiderStories) - Steel-maker, PT Krakatau Steel Tbk (IDX: KRAS) to releases a mandatory convertible bond (MCB) up to Rp2.2 trillion (US$156.03 million) absorb by PT Sarana...
Most of Indika’s Bondholders Agrees to Amend the Term
JAKARTA (TheInsiderStories) - Bondholders of the the local miner, PT Indika Energy Tbk (IDX: INDY), gave an approval to amend the global bond worth of US$575...
Indonesia’s Pan Brothers to Issues Global Bond US$350M
JAKARTA (TheInsiderStories) - Indonesian textile producer, PT Pan Brothers Tbk (IDX: PBRX) plans to issues global bond with a maximum values of US$350 million, said...
Indonesia’s Agung Podomoro to Pay Off Debt US$129M
JAKARTA (TheInsiderStories) - Publicly listed company, PT Agung Podomoro Land Tbk (IDX: APLN) plans to repay the company' debts amounting to S$172.8 million (US$128.95 million,...
Indonesian Govt Pays ‘Debt’ US$6.46B to PLN and Pertamina
JAKARTA (TheInsiderStories) - Indonesian government paid its obligation to PT Perusahaan Listrik Negara (PLN) and Pertamina with total amoun Rp90.4 trillion (US$6.41 billion) as a compensation...
