Indika Energy (INDY) Completes Issuance of Bonds US$ 350 Million

LISTED COMPANY - JAKARTA. Indika Energy, a publicly traded company in Indonesia (INDY), has successfully issued a bond worth US$ 350 million. The bond offers an interest rate of 8.75% and will be listed on the Singapore Exchange Securities Trading Limited.

The bond was issued by Indika to pay off a portion of its 2025 bond, which carries an interest rate of 8.25%. The new bond has a longer tenure, extending until 2029.