Tag: SMI
Indonesia Infrastructure Fund Releases Eurobond US$500M
JAKARTA (TheInsiderStories) - PT Indonesia Infrastructure Finance (IIF) plans to release Euro Medium Term Notes up to US$500 million, Fitch Ratings reported today. The agency gave a...
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...
Garuda Indonesia Raises Fresh Funding US$71 from SMI
JAKARTA (TheInsiderStories) - National flight carrier, PT Garuda Indonesia Tbk (IDX: GIAA), has received worth of Rp1 trillion (US$70.92 million) from PT Sarana Multi Infrastruktur (SMI),...
Three SOEs Injected Loans to Dian Swastatika US$98M
JAKARTA (TheInsiderStories) - The energy producer, PT Dian Swastatika Sentosa Tbk (IDX: DSSA), has signed a financing facilities with total amount Rp1.38 trillion (US$97.87 million) with...
ADB Approves Loan Facility US$300M for Geo Dipa Energi
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand...
SMI Releases the First Rupiah’s Green Bond in Indonesia
JAKARTA (TheInsiderStories) – PT Sarana Multi Infrastruktur (SMI), an Indonesian state-owned enterprise has issued the first green bond in Indonesia worth of Rp500 billion (US$35.00...
Daily Business Briefs - Dec 7
JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today:
Sentul City, Sumitomo Corp Set Up Property JV...
SMI to Issue US$369 Million Bond in November
JAKARTA (TheInsiderStories) - Indonesian PT Sarana Multi Infrastruktur (SMI) has started book-building process for the planned issuance of Rp5 trillion (US$369 million) worth of 1-year, 3-year and...
Infrastructure Bank Unnecessary
JAKARTA (The Insider Stories) - The idea of a government-run bank focusing to on giving loans to the infrastructure sector is still unclear, while...
Local Infrastructure Financing Still Dependent on Multilateral Loans
JAKARTA (TheInsiderStories) - As an archipelagic country, Indonesia has enormous potential of natural resources to be explored. The country of more than 250 million people is...
A Lesson from China Development Bank
JAKARTA (TheInsiderStories) - Chinese Development Bank (CDB) is today known as one of the largest financial institutions in the world, as reflected in its...
Mammoth Infrastructure Projects Face Financial Reality
JAKARTA (TheInsiderStories) - Indonesian government aims to establish the Indonesia Infrastructure Financing Agency, also known as the ‘infrastructure bank’ as soon as 2018, to...
