PGN eyes more loans to back expansion plans
Indonesian gas distributor Perusahaan Gas Negara (PGN) gave a masterclass this year in how to navigate Asia’s bond and loan markets to secure the best pricing. The nimble borrower leveraged the positive sentiment around its country — plus its own rarity value — to raise more than $2bn. Now it is looking to be a more regular name in the debt market, writes Shruti Chaturvedi.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts