1948 - 2024

Raisis Arifin Panigoro

Advisor of MedcoEnergi

It is with heavy heart that we announce the passing of Ibu Raisis Arifin Panigoro, MedcoEnergi's Advisor (2022 - 2024). Her service and contribution made her a role model for all of us.

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Login | Monday, 17 June 2024 |

MedcoEnergi Issued 5NC3 Bonds of US$ 300 Million

Media Release


MedcoEnergi Issued 5NC3 Bonds of US$ 300 Million

JAKARTA, 11 August 2017 – PT Medco Energi Internasional Tbk (“MedcoEnergi” or the “Company”) is pleased to announce that it has issued a 5NC3 S144A Reg S bond for US$ 300 million with a final coupon of 8.5%. MedcoEnergi received a credit rating for both MedcoEnergi and the bond from Moody's for ‘B2’, and ‘B’ from Fitch and Standard & Poors all with ‘stable’ outlook. The proceeds of the bond will be used for refinancing existing indebtedness.

Hilmi Panigoro, the President Director of MedcoEnergi, said that with this successful transaction we are able to extend the average age of our debt maturity and access a new source of funding for our future developments. Moreover, I am particularly pleased with the international markets confidence in the Company’s business, commitment and robust asset portfolio. We look forward to working with the bond holders and expanding our relationship with this new set of investors