Medco Issues Bonds Worth IDR566.50Bn

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 with coupon rate at 10.3%, and the B series bond IDR151.50bn tenor 60-months with coupon rate 10.8%.

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