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Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE


Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks.

Bank of Tokyo Mitsubishi UFJ, BNP Paribas, DBS Bank, Natixis, ANZ Panin Bank and Bank DBS Indonesia signed the loan agreement last week, banking sources told the newspaper Investor Daily.

The loan, maturing in three years will be used by Harum Energy to repay debts, the sources said.

Harum Energy is a 50 per cent shareholder of coal producing PT Santana Baturaba in joint venture with PT Petrosea with coal concession in East Kalimantan.
Source: Trading Markets



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Thursday, 25 November 10
INDONESIAN ROUNDS ARE ACHIEVING IN THE LOW 10S, OWNERS ARE NOT KEEN FOR TRIPS TO INDIA - FEARNBULK
HANDY Uneventful week - Supra/Panamax stems ex USG to China/Korea/Japan are the main focus + grains ex. Argentina. The Atlantic market activity re ...


Thursday, 25 November 10
JSW ENERGY BUYS CANADIAN COAL FIRM FOR $411 MN - NDTV PROFIT
NDTV Profit reported that, Sajjan Jindal-owned JSW Energy on Wednesday said it has entered into an agreement to buy out British Virgin Islands-based ...


Thursday, 25 November 10
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The dry bulk market kept its upward momentum yesterday, with the industry’s benchmark, the Baltic Dry Index (BDI) gaining a further 0.64% to e ...


Wednesday, 24 November 10
COAL PRODUCTION PREDICTED TO CLIMB IN SUNNIER 2011 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s coal producers are expected to increase output by 13 percent in 2011, thanks to predicted better ...


Monday, 22 November 10
RUSSIA'S KTK HAS PRODUCED 4.59 MLN TONNES OF COAL IN FIRST 9 MONTHS OR AN INCREASE OF 5% YEAR-ON-YEAR
COALspot.com (Press Release) - KTK has produced 4.59 mln tonnes of coal in first nine months or an increase of 5% year-on-year. Kuzbasskaya Topli ...


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