Indonesia's BUMA launches inaugural Sukuk, raises $250m debt facility from Bank of Asia

The up to $121m bond is supported by BCA Sekuritas, BNI Sekuritas, Sucor Sekuritas and BRI; the miner is also eyeing a "transformative" acquisition to help sustainability efforts.

Indonesian miner Bukit Makmur Mandiri Utama (BUMA), a subsidiary of Delta Dunia Group, is offering its first Sukuk, called Sukuk Ijarah I BUMA 2025.

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