Antam plans to issue Rp1 trillion bond next year

By Bambang Atmaja

IDX-listed mining company PT Aneka Tambang (Antam) Tbk is evaluating the possibility of issuing Rp 1 trillion worth of bond next year to help finance the expansion of its ferronickel factory in Pomalaa of Southeast Sulawesi, Corporate Secretary Tri Hartono said.

Hartono said that the firm would put the market condition and the rest of funds owned by the firm into consideration.

?The bond is being evaluated for the issuance,? he said on Tuesday, adding that the final decision over the planned bond would be made at the end of October.

Previously, PT Antam has issued Rp3 trillion bonds to help finance the project in Pomalaa, he said.

Editing by Reiner Simanjuntak