Oil and gas firm Medco Energi Internasional (MEDC) offered bonds worth Rp1.5 trillion (book building), issued in two series with tenor of 3 and 5 years, offering annual coupon rates of 8.9% and 9.3% respectively. This bond, part of Medco’s Rp5 trillion bond issue program, will be used to pay off the debt to Bank Mandiri (BMRI) matured on Dec. 20, 2021. PT Mandiri Sekuritas and PT Trimegah Sekuritas Indonesia act as underwriters for the said bond issue. The offering is scheduled for February 12-13, 2020.
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