Indonesia’s Pertamina redeems 99.268% of 4 7/8% notes due 2022

By Wendy Van Sickle

Columbus, Ohio, Oct. 28 – PT Pertamina (Persero) said it has made several partial redemptions of its original $1.25 billion 4 7/8% senior notes due May 3, 2022, according to several notices.

As a result, the company reported that 99.268% of the securities have been redeemed at redemption prices ranging from 102.2 to 104.

The state-owned oil and gas company is based in Jakarta, Indonesia.

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