E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/14/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Indonesia’s Pertamina announces partial redemptions of 2049 notes

By Mary-Katherine Stinson

Lexington, Ky., Nov. 14 – PT Pertamina (Persero) said it has made several partial redemptions of its original $750 million 4.7% senior notes due July, 30, 2049 (ISIN: US69370RAE71), according to multiple notices.

The company reported six partial redemptions in 2023:

• 97.3333% of the notes were redeemed at 86.625 with payment rendered on Feb. 9, 2023;

• 94.6667% of the notes were redeemed at 84.5 with payment rendered on Feb. 15, 2023;

• 94% of the notes were redeemed at 82.625 with payment rendered on Feb. 21, 2023;

• 93.3333% of the notes were redeemed at 81.25 with payment rendered on Feb. 24, 2023;

• 92.9333% of the notes were redeemed at 84.625 with payment rendered on May 24; and

• 92.2667% of the notes were redeemed at 84 with payment rendered on May 26.

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


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.