Macro Finance
Merdeka Gold Braves Indonesia Turmoil With $559 Million Offering
Bloomberg Markets·October 21, 2026·1 min read
Indonesian miner PT Merdeka Gold Resources plans to raise about $559 million through a share sale, embarking on a major capital increase at a chaotic time for local markets. The offering comes amid turmoil in Indonesia's financial landscape, testing investor appetite for new equity issuance.
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