Medco Power disbursed IDR 33.74 billion to buy back 2018 Bonds and Sukuk
JAKARTA - PT Medco Power Indonesia (MPI), a subsidiary of PT Medco Energi Internasional Tbk (MEDC), disbursed IDR 33.74 billion to buy back the MPI I 2018 Series A Bonds and Sukuk Wakalah I 2018. The report was submitted by Susilawati , Director of MPI, in an information disclosure published on Tuesday (1/12).
She mentioned that the price, offered to buy back the bonds and Sukuk Wakalah, was 101% of par value price. "The funds used for the purchase of bonds amounted to IDR 30.51 billion and IDR 3.23 billion for the Sukuk Wakalah," she said.
According to her, the funds - including margins, costs and other expenses - were related to this corporate action. The total number of bonds and sukuk purchased is 10.75% of the total Bond I 2018 Series A and 1.96% of the total Sukuk Wakalah I 2018 Series A. (LK/VA)