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Interview: AKR Corporindo to consider debt in 2013

February 02, 2012  

From Alexander Lobov

The Indonesian energy distributor aims to expand its retail petroleum business and, although cashed up for now, could look at borrowing next year, according to CFO Suresh Vembu.

Energy distribution company AKR Corporindo will consider borrowing in 2013 depending on market conditions and available opportunities, according to group chief financial officer (CFO) Suresh Vembu. The company is planning to expand its retail petroleum business, as well as growth...


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OFFSHORE RMB DCM

Rank Bookrunner Value ($m) No. %Share 2011 YTD Rank
1 HSBC 1,439 15 33.0 1
2 Bank of China Ltd 1,079 5 24.8 14
3 Standard Chartered Bank 513 10 11.8 11
4 Citi 208 4 4.8 3
5 Barclays 198 2 4.5 0
6 Deutsche Bank 159 4 3.6 2
7 Goldman Sachs 152 2 3.5 6
8 RBS 136 3 3.1 5
9 BNP Paribas 95 2 2.2 21
10 JPMorgan 79 1 1.8 7
Subtotal 4,059 29 93.2
Total 4,356 29 100.0


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