Jakarta, 29 April 2026 – Indonesian telecommunications and digital infrastructure company PT Solusi Sinergi Digital Tbk, also known as Surge, is reportedly shifting towards private debt financing after reconsidering a planned public bond issuance amid softer investor demand.

The company is seeking to raise about US$300 million through senior secured notes, which are expected to be privately placed with a small group of investors. The proceeds are intended to partly fund the rollout of its fixed wireless access facility, while the company is expected to use existing cash reserves to cover the remaining funding requirement.

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Bernard Lee
Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.