COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
delta duniaPT 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.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...


Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...


Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The  Ministry  of  Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...


Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes  (mt) i ...


Wednesday, 16 December 20
CHINA TO BOOST DOMESTIC SUPPLY - FITCH
China’s benchmark Qinhuangdao 5,500kcal/kg coal price rose above the government’s upper yellow interval of CNY600/tonne in early Octobe ...


   139 140 141 142 143   
Showing 701 to 705 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Clarksons - UK
  • Ceylon Electricity Board - Sri Lanka
  • Eastern Energy - Thailand
  • Indika Energy - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • CIMB Investment Bank - Malaysia
  • Ministry of Mines - Canada
  • Cigading International Bulk Terminal - Indonesia
  • Wood Mackenzie - Singapore
  • Chettinad Cement Corporation Ltd - India
  • TGV SRAAC LIMITED, India
  • Semirara Mining and Power Corporation, Philippines
  • CESC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Sical Logistics Limited - India
  • Larsen & Toubro Limited - India
  • ING Bank NV - Singapore
  • India Bulls Power Limited - India
  • Kobexindo Tractors - Indoneisa
  • J M Baxi & Co - India
  • The India Cements Ltd
  • Anglo American - United Kingdom
  • TNPL - India
  • Runge Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Essar Steel Hazira Ltd - India
  • Indonesian Coal Mining Association
  • GB Group - China
  • Parliament of New Zealand
  • Georgia Ports Authority, United States
  • European Bulk Services B.V. - Netherlands
  • RBS Sempra - UK
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Sarangani Energy Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Bangkok Bank PCL
  • Moodys - Singapore
  • TeaM Sual Corporation - Philippines
  • Vedanta Resources Plc - India
  • Vizag Seaport Private Limited - India
  • IEA Clean Coal Centre - UK
  • Therma Luzon, Inc, Philippines
  • Arutmin Indonesia
  • Bhoruka Overseas - Indonesia
  • Altura Mining Limited, Indonesia
  • Ambuja Cements Ltd - India
  • Bukit Makmur.PT - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Noble Europe Ltd - UK
  • World Bank
  • Sojitz Corporation - Japan
  • Infraline Energy - India
  • IMC Shipping - Singapore
  • Mitra SK Pvt Ltd - India
  • Agrawal Coal Company - India
  • Core Mineral Indonesia
  • BRS Brokers - Singapore
  • Coaltrans Conferences
  • Maharashtra Electricity Regulatory Commission - India
  • ANZ Bank - Australia
  • Bukit Asam (Persero) Tbk - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Trasteel International SA, Italy
  • Thailand Anthracite
  • Latin American Coal - Colombia
  • Idemitsu - Japan
  • Gupta Coal India Ltd
  • Maheswari Brothers Coal Limited - India
  • Adani Power Ltd - India
  • Sree Jayajothi Cements Limited - India
  • Mercuria Energy - Indonesia
  • Star Paper Mills Limited - India
  • GNFC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ind-Barath Power Infra Limited - India
  • Cargill India Pvt Ltd
  • Cebu Energy, Philippines
  • Global Business Power Corporation, Philippines
  • Tata Chemicals Ltd - India
  • World Coal - UK
  • Credit Suisse - India
  • SGS (Thailand) Limited
  • London Commodity Brokers - England
  • Planning Commission, India
  • Pendopo Energi Batubara - Indonesia
  • Cardiff University - UK
  • Samsung - South Korea
  • Ministry of Finance - Indonesia
  • Indian Energy Exchange, India
  • Malco - India
  • ETA - Dubai
  • Samtan Co., Ltd - South Korea
  • globalCOAL - UK
  • HSBC - Hong Kong
  • Bank of China, Malaysia
  • GAC Shipping (India) Pvt Ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • EMO - The Netherlands
  • Makarim & Taira - Indonesia
  • GVK Power & Infra Limited - India
  • Meenaskhi Energy Private Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Semirara Mining Corp, Philippines
  • Meralco Power Generation, Philippines
  • Tata Power - India
  • Bhatia International Limited - India
  • Adaro Indonesia
  • DBS Bank - Singapore
  • Platou - Singapore
  • Coalindo Energy - Indonesia
  • Indian Oil Corporation Limited
  • TANGEDCO India
  • KPCL - India
  • Directorate Of Revenue Intelligence - India
  • Aboitiz Power Corporation - Philippines
  • Ministry of Transport, Egypt
  • Globalindo Alam Lestari - Indonesia
  • San Jose City I Power Corp, Philippines
  • Maybank - Singapore
  • Coastal Gujarat Power Limited - India
  • Electricity Generating Authority of Thailand
  • Grasim Industreis Ltd - India
  • Videocon Industries ltd - India
  • Berau Coal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Mechel - Russia
  • OCBC - Singapore
  • Madhucon Powers Ltd - India
  • Global Coal Blending Company Limited - Australia
  • Central Electricity Authority - India
  • Central Java Power - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Energy Development Corp, Philippines
  • Barasentosa Lestari - Indonesia
  • PLN - Indonesia
  • Baramulti Group, Indonesia
  • Uttam Galva Steels Limited - India
  • Savvy Resources Ltd - HongKong
  • UOB Asia (HK) Ltd
  • PetroVietnam Power Coal Import and Supply Company
  • Intertek Mineral Services - Indonesia
  • Argus Media - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • Deutsche Bank - India
  • Thai Mozambique Logistica
  • Inco-Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Siam City Cement PLC, Thailand
  • Ernst & Young Pvt. Ltd.
  • MEC Coal - Indonesia
  • Electricity Authority, New Zealand
  • VISA Power Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Indogreen Group - Indonesia
  • Peabody Energy - USA
  • Orica Mining Services - Indonesia
  • BNP Paribas - Singapore
  • Eastern Coal Council - USA
  • Krishnapatnam Port Company Ltd. - India
  • Sindya Power Generating Company Private Ltd
  • IOL Indonesia
  • Shree Cement - India
  • JPower - Japan
  • Wilmar Investment Holdings
  • McConnell Dowell - Australia
  • PetroVietnam
  • UBS Singapore
  • Panama Canal Authority
  • Jaiprakash Power Ventures ltd
  • Bharathi Cement Corporation - India
  • Minerals Council of Australia
  • Siam City Cement - Thailand
  • Bukit Baiduri Energy - Indonesia
  • Coal Orbis AG
  • Orica Australia Pty. Ltd.
  • SMC Global Power, Philippines
  • MS Steel International - UAE
  • Antam Resourcindo - Indonesia
  • Mercator Lines Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Indian School of Mines
  • Renaissance Capital - South Africa
  • The University of Queensland
  • Mjunction Services Limited - India
  • Glencore India Pvt. Ltd
  • Carbofer General Trading SA - India
  • Billiton Holdings Pty Ltd - Australia
  • KEPCO - South Korea
  • The Treasury - Australian Government
  • LBH Netherlands Bv - Netherlands
  • Binh Thuan Hamico - Vietnam
  • ASAPP Information Group - India
  • Kohat Cement Company Ltd. - Pakistan
  • Lanco Infratech Ltd - India
  • PTC India Limited - India
  • Coeclerici Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • APGENCO India
  • PNOC Exploration Corporation - Philippines
  • Dalmia Cement Bharat India
  • AsiaOL BioFuels Corp., Philippines
  • Asian Development Bank
  • ICICI Bank Limited - India
  • Africa Commodities Group - South Africa
  • Leighton Contractors Pty Ltd - Australia
  • Vitol - Bahrain
  • Lafarge - France
  • KOWEPO - South Korea
  • GN Power Mariveles Coal Plant, Philippines
  • The State Trading Corporation of India Ltd
  • Gujarat Sidhee Cement - India
  • Maersk Broker
  • Goldman Sachs - Singapore
  • Karaikal Port Pvt Ltd - India
  • Independent Power Producers Association of India
  • Bangladesh Power Developement Board
  • Cemex - Philippines
  • EIA - United States
  • bp singapore
  • SASOL - South Africa
  • Maruti Cements - India
  • Gujarat Electricity Regulatory Commission - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Indorama - Singapore
  • South Luzon Thermal Energy Corporation
  • Reliance Power - India
  • Neyveli Lignite Corporation Ltd, - India
  • GHCL Limited - India
  • Merrill Lynch Commodities Europe
  • Timah Investasi Mineral - Indoneisa
  • ACC Limited - India
  • Mintek Dendrill Indonesia
  • Riau Bara Harum - Indonesia
  • Shenhua Group - China
  • OPG Power Generation Pvt Ltd - India
  • Vale Mozambique
  • Global Green Power PLC Corporation, Philippines
  • Port Waratah Coal Services - Australia
  • Asia Cement - Taiwan
  • Marubeni Corporation - India
  • Posco Energy - South Korea
  • Edison Trading Spa - Italy
  • SMG Consultants - Indonesia
  • Thiess Contractors Indonesia
  • Salva Resources Pvt Ltd - India
  • Surastha Cement
  • Total Coal South Africa
  • Mitsui
  • Heidelberg Cement - Germany
  • Thriveni
  • Price Waterhouse Coopers - Russia
  • NALCO India
  • Energy Link Ltd, New Zealand
  • Jorong Barutama Greston.PT - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Standard Chartered Bank - UAE
  • Petron Corporation, Philippines
  • Xstrata Coal
  • Australian Commodity Traders Exchange
  • Permata Bank - Indonesia
  • Kobe Steel Ltd - Japan
  • PLN Batubara - Indonesia
  • Medco Energi Mining Internasional
  • Kumho Petrochemical, South Korea
  • Arch Coal - USA
  • Simpson Spence & Young - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Metalloyd Limited - United Kingdom
  • Attock Cement Pakistan Limited
  • Commonwealth Bank - Australia
  • Rio Tinto Coal - Australia
  • Bhushan Steel Limited - India
  • Sakthi Sugars Limited - India
  • Thomson Reuters GRC
  • Platts
  • Thermax Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Power Finance Corporation Ltd., India
  • Bulk Trading Sa - Switzerland
  • Fearnleys - India
  • Freeport Indonesia
  • SRK Consulting
  • CCIC - Indonesia
  • Indonesia Power. PT
  • Alfred C Toepfer International GmbH - Germany
  • Gresik Semen - Indonesia
  • Inspectorate - India
  • Australian Coal Association
  • Petrosea - Indonesia
  • Tanito Harum - Indonesia
  • Iligan Light & Power Inc, Philippines
  • JPMorgan - India
  • Economic Council, Georgia
  • Enel Italy
  • Malabar Cements Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • PowerSource Philippines DevCo
  • Barclays Capital - USA
  • Coal India Limited
  • Pinang Coal Indonesia
  • Chamber of Mines of South Africa
  • GMR Energy Limited - India
  • Singapore Mercantile Exchange
  • SN Aboitiz Power Inc, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Cement Manufacturers Association - India
  • Romanian Commodities Exchange
  • Deloitte Consulting - India
  • Rudhra Energy - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Mitsubishi Corporation
  • Parry Sugars Refinery, India
  • IBC Asia (S) Pte Ltd
  • KPMG - USA
  • Manunggal Multi Energi - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Ince & co LLP
  • Formosa Plastics Group - Taiwan
  • Japan Coal Energy Center
  • Borneo Indobara - Indonesia
  • Aditya Birla Group - India
  • Geoservices-GeoAssay Lab
  • U S Energy Resources
  • Tamil Nadu electricity Board
  • Interocean Group of Companies - India
  • White Energy Company Limited
  • Xindia Steels Limited - India
  • Bank of America
  • TRAFIGURA, South Korea
  • Britmindo - Indonesia
  • Merrill Lynch Bank
  • Straits Asia Resources Limited - Singapore
  • New Zealand Coal & Carbon
  • SUEK AG - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Banpu Public Company Limited - Thailand
  • Sucofindo - Indonesia
  • Humpuss - Indonesia
  • Oldendorff Carriers - Singapore
  • Qatrana Cement - Jordan
  • WorleyParsons
  • Kepco SPC Power Corporation, Philippines
  • NTPC Limited - India
  • Coal and Oil Company - UAE
  • CoalTek, United States
  • Vijayanagar Sugar Pvt Ltd - India
  • Cosco
  • McKinsey & Co - India
  • CNBM International Corporation - China
  • Russian Coal LLC
  • Jatenergy - Australia