KONTAN.CO.ID - JAKARTA. State electricity company PLN has maintained its option to issue another global bond this year to fund the flagship 35 gigawatt (GW) program, although the company is also open to the possibility of seeking other financing instruments. "We have options, not just global bonds but also local bonds, bank loans, or securitization. And then we’ll pick the best option, the cheapest with the best timing," said PLN finance director Sarwono Sudarto on Thursday. He, however, said that any decision on the matter would not be made in the near future as the company was not facing any cash flow problems.
PLN may issue another global bond this year
KONTAN.CO.ID - JAKARTA. State electricity company PLN has maintained its option to issue another global bond this year to fund the flagship 35 gigawatt (GW) program, although the company is also open to the possibility of seeking other financing instruments. "We have options, not just global bonds but also local bonds, bank loans, or securitization. And then we’ll pick the best option, the cheapest with the best timing," said PLN finance director Sarwono Sudarto on Thursday. He, however, said that any decision on the matter would not be made in the near future as the company was not facing any cash flow problems.