Indonesia

Coal miner Adaro Energy Indonesia has initiated talks with its relationship banks for a loan to refinance existing debt, with a request for proposals expected soon.

Indonesian oil and gas conglomerate Pertamina has picked three banks for a potential bond and is set to hit the road to meet investors.

For the second part of Asiamoney's Indonesia project finance roundtable, Ray Tay of Moody's chaired a discussion on the potential for PPPs and the best way to attract the private sector.

Asiamoney is pleased to present its choices for Asia’s Best Managed Companies 2015. The winners were the firms that impressed us the most through a combination of factors including innovation, financial performance and strategic execution, and after also surveying the views of regional analysts and investors. Our congratulations to all those chosen.

Indonesia is one of the largest emerging economies in the world. It should be unsurprising that the country has a huge infrastructure spending plan to meet over the next five years. Asiamoney sits down with a panel of senior market participants to discuss the best source of infrastructure funding over the coming years, and how that funding should be split between the government and the private sector.

Indonesia has put a firmer focus on the sukuk market over the last few years, and now plans to raise almost a quarter of its funding from sukuk investors. But although the government has done an admirable job flying the flag for Islamic bond issuance, the country's corporations have yet to follow suit in a meaningful way, reports Matthew Thomas.

Funding the plethora of infrastructure projects needed to hit the government's targets over the next five years is going to require a number of funding sources, from the government itself to multilateral institutions to bank lenders. But no-one doubts that the bond market is going to play a role. Asiamoney sat down with high-level representatives from all sides of the market to find out exactly how big that role can be.

Indonesian oil and gas company, Pertamina, has picked three banks for a potential bond and is set to hit the road to meet investors next week.

Coal miner Adaro Energy Indonesia is speaking to its relationship banks about refinancing existing debt, and is planning to send out a request for proposals next week.

HM Sampoerna, the Indonesian unit of cigarette giant Philip Morris International, has launched an up to Rph20.8tr ($1.4bn) follow-on offering, with plenty of long-only funds on board as anchor investors.

Indonesian car rental service provider, Indorent, has picked four banks to helm a $100m offshore loan with general syndication expected after mid-October.

Indonesia's Mitra Pinasthika Mustika Finance has tasted success with its maiden outing in the offshore syndicated loan market, increasing its deal to $150m and establishing relationships with lenders across Asia.