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Published on 10/23/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Indo Energy to fully redeem $500 million of 6 3/8% notes due 2023

By Taylor Fox

New York, Oct. 23 – Indo Energy Finance II BV and Indika Energy Capital II Pte. Ltd. plan to redeem all outstanding $500 million 6 3/8% senior notes due 2023 (ISIN: US45579AAA16, USN44525AA67), according to a company announcement.

The notes will be redeemed on Nov. 23 at a redemption price equal to 101.063, plus interest.

Citibank NA, London Branch (+353 1 622 2210) is the paying agent and the transfer agent.

Citicorp International Ltd. (+852 2323 0279) is the trustee.

Indo Energy is a Netherlands-based subsidiary of Indika Energy with the purpose of issuing debt securities to repay existing credit facilities, to refinance debt and for acquisitions.


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