Home Tags Debt

Tag: debt

Indonesia’ Bumi Resources Minerals Pay Debt through Private Placement

JAKARTA (TheInsiderStories) - Gold miner, PT Bumi Resources Minerals Tbk (IDX: BRMS) plans to run a debt to stock conversion to its creditor, said the company...

Garuda Explores Various Options to Overcome the Debts

JAKARTA (TheInsiderStories) - Flight carrier, PT Garuda Indonesia Tbk (IDX: GIAA) explores various options to overcome the company debts amid the COVID-19 outbreak. In response to the...

Indonesian Property Developers Face Twin Pressures

JAKARTA (TheInsiderStories) - The sharp deprecation in the Indonesian Rupiah against the US Dollar will weaken the debt servicing ability of property developers, a credit negative,...

Indonesia’s BUMI Pays More Debt, Next Payment July

JAKARTA (TheInsiderStories) - Indonesian coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid the ninth installment worth of US$7.51 million, said the company...

IMF Declares Argentina Public Debt “Unsustainable”

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) called that Argentina’ public debt was sustainable, but not with high probability, given substantial downside risks. The assessment...

Indonesia’s Duniatex Fails to Pay Bond Interest

JAKARTA (TheInsiderStories) - Duniatex Group, Semarang-based textile company,  asked Singapore bourse to temporarily suspend its US$300 million bond trade, said the management yesterday (09/12). The...

APAC Face the Greatest Risk from Implicit SOEs Liabilities

Singapore (TheInsiderStories) - Moody's Investors Service says that state-owned enterprises (SOEs) play a pivotal role in furthering public policy objectives across Asia Pacific (APAC). Its...

Indonesia’s Tiphone Offers Local Bond US$35.21M

Jakarta (TheInsiderStories) - Publicly listed retail and distribution of telecommunications equipment products, PT Tiphone Mobile Indonesia Tbk (IDX: TELE) offered local bonds worth of...

Indonesia’s Krakatau Steel to Restructure Loans with Three Schemes

Jakarta (TheInsiderStories) - Indonesian steel maker, PT Krakatau Steel Tbk (IDX: KRAS) will use three schemes to restructure the company' loans with total amount...

Indonesia’s Pertamina Offers GMTN US$1.5B in This Month

Singapore (TheInsiderStories) - After raised US$750 million from global medium terms note (GMTN) in 2018, state-owned energy firm PT Pertamina planned to sell $1.5 billion...

Moody’s to Revise Gajah Tunggal’s Outlook to Negative

JAKARTA (TheInsiderStories) – Moody's Investors Service has changed to negative from stable the outlook on the ratings of Gajah Tunggal Tbk (IDX:GJTL). At the...

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...

Insight: Indonesia SOEs, Between Debt Winding and Infrastructure Development Project

 JAKARTA (TheInsiderStories) – The contentious rhetoric about the increasing of state-owned enterprises' (SOE) debt has been broadly discussed among observers and economists. Indeed, the...

Tangled in Debt, Indonesia’s Bakrie & Brothers Executes US$647M from MCB,...

JAKARTA (TheInsiderStories) — Indonesian holding company, PT Bakrie & Brothers Tbk (IDX: BNBR) raised Rp9.38 trillion (US$646.89 million) from private placement and mandatory convertible...

Indonesia’s BUMI Pays US$167M Trance A Debt

JAKARTA (TheInsiderStories) - Indonesian miner, PT Bumi Resources Tbk (IDX: BUMI) has paid US$167.48 million Tranche A Principal and Coupon till date, said the company...

OECD: Indonesia’s SOEs Debt Could Disrupt Cash Flows, Causing Fiscal Risks

JAKARTA (TheInsiderStories) - Indonesian state-owned enterprises (SOEs) which are involved in the government infrastructure and energy businesses could expose cash flow constraint and causing higher fiscal...

Economic Review: Turkey Entered the Financial Crisis

JAKARTA (TheInsiderStories) - Is Turkey entered the financial crisis? As we know on Friday (10/08) the Turkish Lira plunged drastically in recent weeks as its...

Indonesia’s BUMI Pays Debt US$114.6M

JAKARTA (TheInsiderStories) - Indonesia's coal miner, PT Bumi Resources Tbk (IDX: BUMI) announced has paid its Tranche A Principal and coupon with total amount US$114.6...

Moody’s: Stronger U.S Dollar Increases Credit Risks for Emerging Market Sovereigns

Singapore -- The strengthening U.S dollar since mid-April has led to sharp currency depreciation and significant declines in foreign exchange reserves in a number...

Moody’s Says Indonesia, India are Among Asia’s Most Debt Risky Nation

JAKARTA (TheInsiderStories) - Hours before Indian Prime Minister Narendra Modi meet Indonesia's President Joko Widodo, Bloomberg came up with a report saying India and Indonesia are...

Why JP Morgan Reappointed as Indonesia Bond Dealer

JAKARTA (TheInsiderStories) — New York-based JP Morgan Chase & Co was reappointed as a primary dealer of Indonesian sovereign bonds, more than a year...

Indonesia’s PLN Plans to Buyback US$2.5B Notes

JAKARTA (TheInsiderStories) - PT Perusahaan Listrik Negara (PLN) announced today that it has commenced tender offers to purchase for cash any and all of the...

Policy Review: Infrastructure Projects Lead to Higher SOE Debts

JAKARTA (TheInsiderStories) - Indonesia's State-owned enterprises (SOEs), especially construction and power companies, which are involved in the government-led infrastructure projects are currently being plagued by...