Indika Energy offers to purchase 8¼% senior notes due 2025

Chicago, April 17 – Indika Energy Capital IV Pte. Ltd. launched a tender offer to purchase a certain amount of notes from the $534,046,000 of outstanding 8¼% notes due 2025 (Cusips: 45569GAA0, Y39690AA3), according to a notice.

The company is offering a total early tender consideration of $1,012.50 per $1,000 note, inclusive of a $50 early tender payment to noteholders who tender by the early deadline at 5 p.m. ET on April 30.

Accrued interest will also be paid to the applicable settlement date.

The early deadline is also the withdrawal deadline.

The final deadline is 5 p.m. ET on May 16.

The early settlement date is expected on May 14 and final settlement is planned for May 20.

The maximum purchase amount will be based on a new offering.

Tendering noteholders may be given priority allocation in the new offering.

Tenders may be prorated.

The purpose of the tender offer is to manage and extend the company’s debt profile.

Dealer managers for the offer are Deutsche Bank AG, Singapore Branch (+65 6423 4229, dcm.sea@list.db.com) and Standard Chartered Bank (Singapore) Ltd. (+44 20 7885 5739, +852 3983 8658, liability_management@sc.com).

Morrow Sodali Ltd. is the tender and information agent (+852 2319 4130, +44 20 4513 6933, 203 658 9457, indika@investor.morrowsodali.com, https:projects.morrowsodali.com/indika).

PT Indika Energy Tbk. is an energy company 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.