Bumi raises 500m dollar in bonds issue

Coal miner Bumi says its subsidiary, Berau Coal, has raised 500m dollars through a five year bond issue.

Coal miner Bumi says its subsidiary, Berau Coal, has raised 500m dollars through a five year bond issue.

Berau operates three assets in Indonesia and the money will be used to expand capacity from 20m to 30m tonnes.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.