TBS Energi Utama corrects use of proceeds from 2025 bond offering
TBS Energi Utama said gross proceeds were IDR 125 billion, with costs of IDR 11.93 billion and net proceeds of IDR 113.07 billion; IDR 24.07 billion was used for principal repayment and IDR 89 billion remained unspent in savings at Bank KB Indonesia at 5.35% with no fixed term.