Perusahaan Gas Negara fires up $1.5bn RFP

By Rashmi Kumar
13 Mar 2014

Indonesia’s Perusahaan Gas Negara (PGN) is seeking a loan of up to $1.5bn, and sent out a request for proposals to banks last Friday.

The gas transport and distribution company has invited around 10 banks to submit bids for the deal, which will have a five year tenor, according to a banker who has received the RFP.

PGN is giving banks until March 20 to hand in their proposals, with the ...

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