Indonesia’s Logindo extends maturity of 2.93% bonds to March 2020

By Marisa Wong

Los Angeles, Jan. 30 – PT Logindo Samudramakmur Tbk. said it extended the maturity date of its S$50 million 2.93% credit enhanced notes to March 31, 2020 from Feb. 3, 2020.

The company said the extension was approved by a super-majority of bondholders.

Logindo owns and operates offshore support vessels for the oil and gas industry. The company is based in Jakarta, Indonesia.

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