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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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Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...
Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
In the lead up ...
Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...
Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...
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- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
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