Pertamina issues $1.5b in global bonds - Jakarta Post

State oil and gas company PT Pertamina raised US$1.5 billion from the issuance of global bonds to international investors last week, according to the company’s finance chief.

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Pertamina finance director M. Afdal Bahaudin said on Monday that the company received $1 billion in cash from the sales of 10-year notes on May 16 and another $500 million from the sales of 30-year notes on May 21. The offerings were conducted in New York, the United States. “Pertamina’s bonds have attracted many investors from Asia, Europe and the US,” he told reporters in Jakarta after a hearing held by the House of Representatives’ Commission VII overseeing energy.

Pertamina issues $1.5b in global bonds - Jakarta Post