JAKARTA (Yosefadi) – Oil and gas service company PT Apexindo Pratama Duta Tbk (APEX) plans to issue bonds in foreign currency denomination worth of maximum US$200 million, equivalent Rp2.33 trillion.
The bond will be issued by its unit Ocean Peak Holding BV. The bond proceeds will fund the
purchase of assets.
APEX had recently been awarded onshore drilling service contract in Suban, South Sumatra by ConocoPhillips.