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News 2026-10-06 08:41 UTC

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

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,