Medco Energi Releases IDR 1 Trillion Bonds

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) IV with a target of Rp 5 trillion in funds raised.

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