SINGAPORE (Yosefardi) – PT Indika Energy Tbk (INDY) reported all outstanding US$230,000,000 9.75% Senior Notes due 2016 issued by its wholly owned finance subsidiary, Indo Integrated Energy II B.V., has been redeemed on November 5, 2013.
Indo Energy Finance B.V. and Indo Energy Finance II B.V. are wholly owned finance subsidiaries of Indika Energy.
INDY shares jumped 5.26% to Rp800 Thursday (Nov 7) on over 188 million shares exchanged hands. The stock had rebounded 60% from its bottom, but still lost 51% from its peak year to date.