JAKARTA - PT Indika Energy Tbk (INDY) has completed the roadshow and pricing of its US$450 million global bonds, that has an interest rate of 8.25% per annum. This was conveyed by Retina Rosabai, Director of PT Indika Energy Tbk (INDY) in an information disclosure published on Monday (19/10).
Retina Rosabai, Director of INDY, said through a disclosure submitted to the IDX on Monday (19/10) that the bonds would be listed on the Singapore Exchange Securities Trading Limited (SGX) and will mature in 2025. The issuer of the bonds is Indika Energy Capital IV Pte Ltd, an indirect subsidiary of INDY.
The net proceeds from the bonds will be used for the refinancing of the company's senior notes and business expansion.
Rosabai said that the issuer, the underwriters and the initial buyers had signed the purchase agreement last week (15/10). The parties will sign other documents and indenture with Citicorp International Limited as the trustee within five days after pricing. (LK/AR)