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Indonesia’s Pertamina partially redeems notes due 2022, 2023
By William Gullotti
Buffalo, N.Y., Dec. 6 – PT Pertamina (Persero) said it has made a partial redemption of its original $1.25 billion 4 7/8% senior notes due May 3, 2022 and several partial redemptions of its original $1,625,000,000 4.3% senior notes due May 20, 2023, according to multiple notices on Monday.
Regarding the 4 7/8% notes, the company reported that 91.3321% of the securities were redeemed at 101.7 with payment rendered on Nov. 26.
For the 4.3% notes, the company reported that 99.3538% of the securities have been redeemed at prices ranging from 104.625 to 106.7.
The state-owned oil and gas company is based in Jakarta, Indonesia.
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