adaro

David Tendian, CFO of the Indonesian coal miner, tells FinanceAsia he does not fear the political transition in terms of mining taxes.

The Indonesian coal miner tells FinanceAsia that the plunging coal price is manageable with a tweak to operations.

Bumi Resources is the latest Indonesian coal miner to tap the dollar market, finding a gap through which to launch a high-yield bond late last week.

Indonesia's state-owned electricity company issues a 10-year US dollar bond for the second time in three months.

Indonesian mining contractor Buma pays 11.75% for a five-year issue and raises additional funding from a syndicated loan, while fellow Indonesian coal miner Indika prices its $230 million bond with a 9.75% coupon.

Borrowers in the region, particularly Koreans, are tapping into healthier investor appetite and locking in low-cost funding.

PT Adaro, Indonesia's second biggest coal miner, raises $800 million through the sale of 10-year notes and pays just 7.75% thanks to strong support from global high-yield funds.

The deal will greatly increase the number of international investors with a stake in the Indonesian coal miner.

A decision by the Singapore Court of Appeal reignites a PR battle as it supports Deutsche's claim for loan repayment, but rules that the bank failed to act with due care.