Daaz Bara Lestari reports IDR 273.95 billion use of proceeds from 2025 bond sale

Bitget2026/10/06 08:41

Daaz Bara Lestari disclosed use of proceeds from its IDR 500 billion “Obligasi I Daaz Bara Lestari Tahun 2025,” effective July 11, 2025. Net proceeds totaled IDR 493.67 billion; realized use reached IDR 273.95 billion, leaving IDR 219.71 billion unspent. Most deployed funds were lent to subsidiaries for coal purchases, vessel acquisitions, and fuel procurement. Remaining cash was placed in short-term bank giro accounts and a one-month deposit, earning 3.5% to 4.5%. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Daaz Bara Lestari Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32163575) on October 06, 2026, and is solely responsible for the information contained therein.

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