ALTERNATIVE FINANCING OF PT BUMI RESOURCES, TBK.
PT Bumi Resources TbK was the biggest coal producer in Indonesia and the biggest exporter coal thermal in the world (8% market share). The company has engaged to increase coal production capacity for the next 5 years and has obliged to refinance its financial liabilities during its dynamic investor relationship events on 2003-2007.
This case illustrates the company’s financing strategic using financing alternative like issuing bonds, stock price offering and banking loan.