PT Perusahaan Listrik Negara plans to issues IDR3 trillion bonds. The Company’s proposed Bond XII/2010 amounting to IDR2.5 trillion and Sukuk Ijarah V/2010 amounting to IDR0.5 trillion.
PLN is a wholly-owned state company, engaging in generation, transmission and distribution of electricity throughout the country. The Company is the only integrated electricity producer in Indonesia with total installed capacity of about 26,485 MW.
PT Pemeringkat Efek Indonesia has upgraded the corporate rating of PLN, the Company’s bonds (VII/2004, VIII/2006, IX/2007, X/2009 and XI/2010) of IDR10.54 trillion, Medium Term Notes III-X/2009 of IDR4 trillion and Sukuk Ijarah Bonds (I/2006, II/2007, III/2009 and IV/2010) of IDR1.56 trillion to idAA+ and idAA+sy from idAA- and idAA-sy.
At the same time, Pefindo also assigned idAA+ and idAA+sy for the company’s proposed Bond
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