Indonesia's PLN Is Said to Plan First Dollar Bond Since 2020.

PT Perusahaan Listrik Negara (PLN) of Indonesia is planning to issue a dollar bond of up to $1.5 billion, marking its return to the US-currency debt market after more than four years. The state-owned electricity company is considering this move to address liquidity needs and take advantage of favorable market conditions. PLN's total debt was approximately $24.7 billion as of September 30, 2024, and the company last accessed the dollar bond market in June 2020. [Extracted from the article]