We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please
click here .
To get the WTI oil price , please enable Javascript.
To get the BRENT oil price , please enable Javascript.
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.
If you believe an article violates your rights or the rights of others, please contact us .
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
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 ...
Showing 6 to 10 news of total 6276
Global Coal Blending Company Limited - Australia
Bulk Trading Sa - Switzerland
Bhoruka Overseas - Indonesia
Kalimantan Lumbung Energi - Indonesia
Lanco Infratech Ltd - India
Dr Ramakrishna Prasad Power Pvt Ltd - India
Malabar Cements Ltd - India
Port Waratah Coal Services - Australia
Karaikal Port Pvt Ltd - India
Sojitz Corporation - Japan
Ministry of Transport, Egypt
Parry Sugars Refinery, India
Kartika Selabumi Mining - Indonesia
Planning Commission, India
Holcim Trading Pte Ltd - Singapore
The Treasury - Australian Government
Rashtriya Ispat Nigam Limited - India
New Zealand Coal & Carbon
Riau Bara Harum - Indonesia
Parliament of New Zealand
Essar Steel Hazira Ltd - India
Ministry of Mines - Canada
CNBM International Corporation - China
Asmin Koalindo Tuhup - Indonesia
Miang Besar Coal Terminal - Indonesia
Sakthi Sugars Limited - India
VISA Power Limited - India
Gujarat Sidhee Cement - India
Bahari Cakrawala Sebuku - Indonesia
Iligan Light & Power Inc, Philippines
Marubeni Corporation - India
Gujarat Electricity Regulatory Commission - India
Videocon Industries ltd - India
Bayan Resources Tbk. - Indonesia
Cigading International Bulk Terminal - Indonesia
Antam Resourcindo - Indonesia
Uttam Galva Steels Limited - India
San Jose City I Power Corp, Philippines
Indian Energy Exchange, India
Barasentosa Lestari - Indonesia
Latin American Coal - Colombia
Coal and Oil Company - UAE
Pendopo Energi Batubara - Indonesia
Petrochimia International Co. Ltd.- Taiwan
Dalmia Cement Bharat India
Vizag Seaport Private Limited - India
Sindya Power Generating Company Private Ltd
Formosa Plastics Group - Taiwan
Jorong Barutama Greston.PT - Indonesia
Directorate Of Revenue Intelligence - India
CIMB Investment Bank - Malaysia
Makarim & Taira - Indonesia
Australian Commodity Traders Exchange
Madhucon Powers Ltd - India
Oldendorff Carriers - Singapore
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Semirara Mining Corp, Philippines
Dong Bac Coal Mineral Investment Coporation - Vietnam
Sical Logistics Limited - India
Semirara Mining and Power Corporation, Philippines
Standard Chartered Bank - UAE
Samtan Co., Ltd - South Korea
Electricity Authority, New Zealand
Orica Mining Services - Indonesia
Star Paper Mills Limited - India
Borneo Indobara - Indonesia
Georgia Ports Authority, United States
Mjunction Services Limited - India
SMG Consultants - Indonesia
Xindia Steels Limited - India
International Coal Ventures Pvt Ltd - India
Billiton Holdings Pty Ltd - Australia
SN Aboitiz Power Inc, Philippines
Wood Mackenzie - Singapore
Grasim Industreis Ltd - India
Ceylon Electricity Board - Sri Lanka
Bukit Asam (Persero) Tbk - Indonesia
Eastern Coal Council - USA
Jaiprakash Power Ventures ltd
GAC Shipping (India) Pvt Ltd
Kobexindo Tractors - Indoneisa
Anglo American - United Kingdom
PTC India Limited - India
Leighton Contractors Pty Ltd - Australia
Bank of Tokyo Mitsubishi UFJ Ltd
Independent Power Producers Association of India
South Luzon Thermal Energy Corporation
Wilmar Investment Holdings
Rio Tinto Coal - Australia
Energy Development Corp, Philippines
Salva Resources Pvt Ltd - India
Timah Investasi Mineral - Indoneisa
Economic Council, Georgia
Bukit Baiduri Energy - Indonesia
Interocean Group of Companies - India
Indogreen Group - Indonesia
Medco Energi Mining Internasional
Electricity Generating Authority of Thailand
Heidelberg Cement - Germany
Sree Jayajothi Cements Limited - India
Deloitte Consulting - India
TNB Fuel Sdn Bhd - Malaysia
Truba Alam Manunggal Engineering.Tbk - Indonesia
Globalindo Alam Lestari - Indonesia
Tamil Nadu electricity Board
Bhushan Steel Limited - India
Ambuja Cements Ltd - India
Central Electricity Authority - India
Indian Oil Corporation Limited
Bangladesh Power Developement Board
Kaltim Prima Coal - Indonesia
Kapuas Tunggal Persada - Indonesia
Kepco SPC Power Corporation, Philippines
Bhatia International Limited - India
GVK Power & Infra Limited - India
Jindal Steel & Power Ltd - India
OPG Power Generation Pvt Ltd - India
Chettinad Cement Corporation Ltd - India
Vijayanagar Sugar Pvt Ltd - India
GN Power Mariveles Coal Plant, Philippines
Vedanta Resources Plc - India
ICICI Bank Limited - India
Directorate General of MIneral and Coal - Indonesia
Aboitiz Power Corporation - Philippines
Mercuria Energy - Indonesia
Sinarmas Energy and Mining - Indonesia
Indo Tambangraya Megah - Indonesia
Baramulti Group, Indonesia
Cement Manufacturers Association - India
Africa Commodities Group - South Africa
Toyota Tsusho Corporation, Japan
Meralco Power Generation, Philippines
Maharashtra Electricity Regulatory Commission - India
Straits Asia Resources Limited - Singapore
Goldman Sachs - Singapore
Karbindo Abesyapradhi - Indoneisa
Minerals Council of Australia
LBH Netherlands Bv - Netherlands
Kohat Cement Company Ltd. - Pakistan
The State Trading Corporation of India Ltd
Indika Energy - Indonesia
IEA Clean Coal Centre - UK
The University of Queensland
Romanian Commodities Exchange
Coalindo Energy - Indonesia
Kideco Jaya Agung - Indonesia
Renaissance Capital - South Africa
Neyveli Lignite Corporation Ltd, - India
Indonesian Coal Mining Association
Offshore Bulk Terminal Pte Ltd, Singapore
Singapore Mercantile Exchange
Price Waterhouse Coopers - Russia
Edison Trading Spa - Italy
European Bulk Services B.V. - Netherlands
Aditya Birla Group - India
Global Green Power PLC Corporation, Philippines
PowerSource Philippines DevCo
Altura Mining Limited, Indonesia
Bukit Makmur.PT - Indonesia
Attock Cement Pakistan Limited
Kumho Petrochemical, South Korea
Asia Pacific Energy Resources Ventures Inc, Philippines
Eastern Energy - Thailand
Maheswari Brothers Coal Limited - India
AsiaOL BioFuels Corp., Philippines
Ministry of Finance - Indonesia
ASAPP Information Group - India
Central Java Power - Indonesia
Trasteel International SA, Italy
Thai Mozambique Logistica
Power Finance Corporation Ltd., India
TeaM Sual Corporation - Philippines
Australian Coal Association
GMR Energy Limited - India
Savvy Resources Ltd - HongKong
Manunggal Multi Energi - Indonesia
Carbofer General Trading SA - India
Intertek Mineral Services - Indonesia
Alfred C Toepfer International GmbH - Germany
Simpson Spence & Young - Indonesia
PNOC Exploration Corporation - Philippines
Chamber of Mines of South Africa
SMC Global Power, Philippines
Coastal Gujarat Power Limited - India
Energy Link Ltd, New Zealand
Gujarat Mineral Development Corp Ltd - India
Siam City Cement - Thailand
Agrawal Coal Company - India
Sarangani Energy Corporation, Philippines
Orica Australia Pty. Ltd.
Thiess Contractors Indonesia
Krishnapatnam Port Company Ltd. - India
Bharathi Cement Corporation - India
White Energy Company Limited
PetroVietnam Power Coal Import and Supply Company
Commonwealth Bank - Australia
IHS Mccloskey Coal Group - USA
Metalloyd Limited - United Kingdom
Meenaskhi Energy Private Limited - India
Posco Energy - South Korea
Petron Corporation, Philippines
Banpu Public Company Limited - Thailand
London Commodity Brokers - England
Pipit Mutiara Jaya. PT, Indonesia
Ind-Barath Power Infra Limited - India
McConnell Dowell - Australia
Siam City Cement PLC, Thailand
Larsen & Toubro Limited - India
Mintek Dendrill Indonesia
Mercator Lines Limited - India
Merrill Lynch Commodities Europe
Binh Thuan Hamico - Vietnam
India Bulls Power Limited - India
Therma Luzon, Inc, Philippines
Global Business Power Corporation, Philippines
MS Steel International - UAE
Tata Chemicals Ltd - India