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

Issuer & Securities

Issuer/ Manager
INDIKA ENERGY CAPITAL II PTE. LTD.
Security
INDIKAENEUS$265M6.875%N220410R - USY39698AA65 - 6S0B

Announcement Details

Announcement Title
Issuer's Early Redemption (Call Option)
Date &Time of Broadcast
23-Oct-2020 15:37:26
Status
New
Corporate Action Reference
SG201023MCALBTD8
Submitted By (Co./ Ind. Name)
Indika Energy Capital II Pte. Ltd.
Designation
Issuer
Original Maturity Date
10/04/2022

Event Narrative

Narrative Type
Narrative Text
Information ConditionsIndika Energy Capital II Pte. Ltd (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 April 10, 2017 (as amended or supplemented from time to time, the Indenture ), among the Company, the Guarantors and Citicorp International Limited as Trustee, entered into in connection with the issuance of 6.875% Senior Notes due 2022 (the 2022 Notes ), the Company has informed the Trustee that all outstanding 2022 Notes will be redeemed in full on November 23, 2020 (the Redemption Date ) at a redemption price equal to 103.438% 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 (%)
103.438
Pay Date
23/11/2020

Attachments