by Amruth Sundarkumar | Oct 13, 2022 | High Yield Bonds, Southeast Asia
Medco Energi has offered to repurchase up to $250mn of three of its outstanding dollar bonds – their $500mn 6.75% 2025s, $539mn 7.375% 2026s, and $602mn 6.375% 2027s. Bondholders who tender their bonds will receive $950, $900, and $820 for each $1,000 in...
by Amruth Sundarkumar | Oct 12, 2022 | Southeast Asia
Indonesia’s Medco Energi Internasional saw its dollar bonds move over 4% higher with its 2026s among the nation’s top gainers after OPEC+ announced a large production. Last week, the OPEC+ decided to cut output by 2mn bpd, their biggest cut since 2020. As per...
