Indo’s PLN scraps $1bn plan, raising three smaller deals at cheaper cost

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Indo’s PLN scraps $1bn plan, raising three smaller deals at cheaper cost

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pura ulun danu bratan temple in Bali, indonesia. | Guitar_Tawatchai/tawatchai1990 - stock.adobe.com

Indonesian state-owned electricity company Perusahaan Listrik Negara has changed tack on its loan plans in a bid to seal thinly priced deals in a difficult market environment, writes Pan Yue.

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