Issuer's Early Redemption (Call Option)::Mandatory

Issuer & Securities

Issuer/ Manager
INDO ENERGY FINANCE II B.V.
Security
INDOENER US$500M6.375%N230124R - USN44525AA67 - 2OJB

Announcement Details

Announcement Title
Issuer's Early Redemption (Call Option)
Date &Time of Broadcast
23-Oct-2020 15:24:53
Status
New
Corporate Action Reference
SG201023MCALTABF
Submitted By (Co./ Ind. Name)
Indo Energy Finance II B.V.
Designation
Issuer
Original Maturity Date
24/01/2023

Event Narrative

Narrative Type
Narrative Text
Information ConditionsIndo Energy Finance II B.V. (the Company), a wholly owned subsidiary of PT Indika Energy Tbk announced on October 23, 2020, that, pursuant pursuant to Section 3.02(d) and Section 3.03(a) of the indenture, dated as of January 24, 2013 (as amended or supplemented from time to time, the Indenture ), among Indo Energy Finance II B.V. (the Company ), the Guarantors and Citicorp International Limited as Trustee, entered into in connection with the issuance of 6.375% Senior Notes due 2023 (the 2023 Notes ), the Company has informed the Trustee that all outstanding 2023 Notes will be redeemed in full on November 23, 2020 (the Redemption Date ) at a redemption price equal to 101.063% of the principal amount thereof plus accrued and unpaid interest, if any, to (but not including) the Redemption Date.

Event Dates

Record Date and Time
23/10/2020 17:00:00
Ex Date
22/10/2020

Disbursement Details

Existing Security Details
Security Debit Date
23/11/2020
Cash Payment Details
Redemption Rate (%)
101.063
Pay Date
23/11/2020

Attachments