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Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year) Senior Notes, following a successful bookbuilding on January 26, 2021, that garnered in excess of USD1.15 billion order from 101 accounts, achieving an oversubscription ratio of 2.9x.
According to press release of the company, the US-Dollar denominated Senior Notes will bear fixed interest of 7.75% p.a., with interest payable semi-annually in arrears. On January 22-25, 2021, the Company and BUMA conducted a virtual roadshow for the Transaction, which included several countries in Asia, Europe and the United States in compliance with Rule 144A and Regulation S under the US Securities Act. J.P. Morgan (S.E.A.) and UBS AG Singapore Branch are the Joint Bookrunners.
The company further said that, the Transaction reflects investors’ continued confidence in BUMA, despite market challenges amidst a global pandemic. Moody’s has assigned a rating of Ba3 (negative) to BUMA whilst Fitch has assigned a rating of BB- (negative) to the Company and Senior Notes.
The net proceeds from the Senior Notes, will be used to fully refinance BUMA’s existing indebtedness under loan facilities with MUFG and BUMA’s 7.75% Senior Notes due 2022. This exercise enables BUMA to extend its debt maturity profile, reduce amortization and improve cash flow, and allows for increased operational flexibility to support BUMA’s future growth.
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Wednesday, 14 April 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 1.10 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.05 points Monday, down 1.10 percent week on week.
The index, released by Chi ...
Wednesday, 14 April 21
MARKET INSIGHT - INTERMODAL
After a series of months where the dry bulk sector was attracting most of the buying interest, tankers SnP activity spiked in the previous weeks. O ...
Tuesday, 13 April 21
INDONESIAN COAL PRICE REFERENCE IN APRIL UP AGAIN ON FIRM DEMAND
COALspot.com: The Indonesia coal price reference for April 2021 settles at US$ 86.68 per ton FOB vessel.
The Indonesia coal pr ...
Monday, 12 April 21
CHINA'S ECONOMIC RECOVERY PUSHES COAL MINES TO INCREASE YIELD - GLOBAL TIMES
China’s fast economic rebound from coronavirus has driven up electricity demand, leading to higher consumption of coal which is seeing rising ...
Monday, 12 April 21
GLOBAL COAL PRODUCTION EXPECTED TO RISE BY 3.5% IN 2021, SAYS GLOBALDATA
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions obse ...
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- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Planning Commission, India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- The University of Queensland
- CNBM International Corporation - China
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Simpson Spence & Young - Indonesia
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
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