Bond structure:

Publisher

PT. Medco Energi Internasional Tbk (MEDC)

Proceeds target of shelf registration bond

Rp. 5 trillion

First phase issuance

Rp. 500 billion

Two series of bonds

-          Series A Rp. 282,500 million, fixed coupon rate 8.75%, tenor on March 29, 2021  

-          Series B Rp 217,500 million, fixed coupon rate 9.15%, tenor on March 29, 2023

Bond rating from PT. Indonesian Securities Rating (PEFINDO)

 idA +

Underwriter

-          PT. Danareksa Sekuritas

-          PT. Mandiri Securities

-          PT. Trimegah Sekuritas Indonesia Tbk

Fund usage

For partial payment of debt from PT. Bank Negara Indonesia (Persero) Tbk ("BNI") with a total facility of US $ 100,000,000 and PT. Bank Mandiri (Persero) Tbk PTK VIII ("Mandiri PTK VIII") with a total facility of US $ 85,000,000 and interest rates ranging from 5.00% - 5.85%.

Schedule:

Effective Date

March 23, 2018

Period of Public Offering

March 26 and 27, 2018

Allotment Date

March 28 2018

Registration Date

April 2, 2018