Bonds of Indonesian coal miner Berau Coal fall on refinancing worries

HONG KONG/JAKARTA, Nov 10 (Reuters) – Bond prices of Indonesian coal miner PT Berau Coal Energy Tbk fell on Monday on concerns that a key shareholder of its parent company may have to sell some assets to pay off debt. Berau’s bonds maturing in 2017 were trading at 54/56 cents on the dollar, down from last week’s level of 70. A Berau spokesman did not respond immediately when contacted about …
Originalartikel lesen