State gas distributor Perusahaan Gas Negara (PGAS) plans to seek US$350 million in funding for capital expenditure (capex) this year. It mulls to issue rupiah bond and global bond. Early this year, PGAS has obtained a US$350 bridging loan from Bank Mandiri (BMRI). The Company allocates capex of US$500 million for this year. Some 30% has been spent in the first half (H1).
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