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Medco Energi Releases IDR 1 Trillion Bonds

By administrator | August 20, 2021 | Mining.

Oil and gas issuer owned by national entrepreneur Arifin Panigoro, PT Medco Energi Internasional Tbk (MEDC), plans to issue corporate bonds with a principal amount of phase I offered at a maximum of Rp 1 trillion. Medco Energi Internasional Phase I 2021 Shelf-Registered Bonds IV is a series of the company’s Shelf-Registered Public Offerings (PUB).

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MEDC Gas and Steam Power Plant

By administrator | November 4, 2020 | Mining.

MEDC Gas and Steam Power Plant. PT Medco Energi Internasional Tbk. (MEDC) spends 32.5 percent of the capital expenditure of US $ 178 million or as much as US $ 58 million (equivalent to Rp. 828.53 billion at an exchange rate of Rp. 14,285) for electricity generation. This expenditure was use through Medco Power to.

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MEDC Performs Synergies with Ophir Energy

By administrator | August 20, 2019 | Mining.

MEDC Performs Synergies with Ophir Energy. Medco Energi Internasional Tbk (MEDC) completed the acquisition process of Ophir.

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Bank Central Asia’s EDC transaction Reached IDR157Trn

By administrator | September 18, 2018 | Finance.

One of the efforts the bank increase income non interest (fee based income) amidst the uptrend in interest, is through increasing transactions through machine electronic data capture (EDC). Bank Central.

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Medco Focus on Midsized Electric EBT

By administrator | November 8, 2017 | Mining.

PT Medco Energy International, Tbk (MEDC IJ) will only focus on power projects with a capacity of the medium. Other than that, the company will also focus on the development of new energy projects and renewable electricity such as geothermal, hydro and gas. Currently, Medco electrical business unit is divided into two, the first to.

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Mitsubishi Officially Sold its Ownership in Medco Energi

By administrator | October 25, 2017 | Mining.

After a decade of cooperation with PT Medco Energi Internasiona, Tbk (MEDC IJ), Mitsubishi Corporation is now officially sold off the rest its ownership to PT Medco Daya Abadi Lestari. Mitsubishi Corporation has been selling as much as 1.33 billion Medco Energi’s shares with the price IDR411 per shares on October 18,.

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Medco Acquires Saratoga Power Worth USD129.21Mn

By administrator | October 7, 2017 | Mining.

PT Medco Energi, Tbk (MEDC IJ) is acquiring 77.68% shares (equivalent to USD129.21mn) of PT Saratoga Power. According to the Deed of Acquisition of Asset, PT Saratoga Sentra Business and S Asia III Luxembourg S.A.R.L are the seller this acquisition of all subscribed and paid up capital in PT Saratoga.

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Medco’s Revenue Increase 56%

By administrator | October 4, 2017 | Mining.

PT Medco Energi Internasional, Tbk (MEDC IJ) reported its revenue worth USD403.53mn in 1H2017, or growth 56% compare to same period last year USD261.48mn. The largest contribution came from foreign customers worth USD289.25mn, and followed domestic customer USD114.28mn. According to revenue, company reported profit increase up to 564.69% from USD12.53mn to USD83.31 during that.

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Medco Issues Bonds Worth IDR566.50Bn

By administrator | September 15, 2017 | Mining.

PT Medco Energi Internasional, Tbk (MEDC IJ), diversified oil and gas company and is the second largest oil company after the state-owned Pertamina, is issues its Shelf Registration Bond II Phase IV 2017 worth IDR566.50bn. This two series company’s bond will be guaranteed with full commitment, with the A series bond worth IDR415bn tenors 42-month.

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Medco Energi Released IDR1.3Trn Bonds

By administrator | June 5, 2017 | Mining.

Medco Energi International, Tbk (MEDC IJ) planning to release II continuous bonds tranche V worth IDR1.3trn. This bonds will be offered in 3 series, A series 1-year with 8.75% coupon; B series 3-years with 10.8% coupon; and C series 5-years with 11.3% coupon. The company will use 60% of the funds to pay off both.

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