Jakarta (Antara Bali) - State oil and gas company Pertamina said it has raised US$2.5 billion from the sale of 10 and 30 year global bonds.

The bonds were oversubscribed more than 3.7 times, Pertamina President Director Karen Agustiawan said in a press statement issued on Thursday night.

"This indicates investors' trust in Pertamina," she said.

The 10 year bonds of US$1.25 billion due on May 2022 were issued at a coupon of 4.875 percent, at a price of 99.414 and a yield of 4.95 percent.

The 30 year bonds of US$1.25 billion due on May 2042 were issued at a coupon of 6 percent, at a price of 98.631 and a yield of 6.1  percent.(IGT)

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Editor : Masuki


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