JAKARTA (Yosefardi) – State port operator PT Pelabuhan Indonesia (Pelindo) II plans to issue global bonds worth US$2 billion to US$2.5 billion, with tenor of 5 years, in April next year, Bisnis Indonesia reported this morning.

Pelindo II plans to seek loan or funds of US$5-6 billion, to realize the government’s sea toll project.

The proceeds of global bonds will be used to fund the construction of new port in South Sumatera, West Kalimantan, and Sorong (West Papua).

Export financing agency Indonesian Eximbank also plans to offer bonds worth Rp1.5 trillion in December 24, 2014 until January 2, 2015, part of its Rp24 trillion bond issue program.