Bond Medco Energy International 6.75% ( USY59505AA82 ) in USD

Issuer	Medco Energy International
Market price	101.084 % ⇌
Country	Indonesia
ISIN code	USY59505AA82 ( in USD )
Interest rate	6.75% per year ( payment 2 times a year)
Maturity	30/01/2025 - Bond has expired
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Minimal amount	200 000 USD
Total amount	500 000 000 USD
Cusip	Y59505AA8
Standard & Poor's ( S&P ) rating	B+ ( Highly speculative )
Moody's rating	N/A
Detailed description	Medco Energi International Tbk is an Indonesian integrated energy company engaged in the exploration, production, and distribution of oil and gas. This financial article reviews a specific fixed-income instrument: a bond issued by Medco Energi International. Medco Energi International is a significant Indonesian energy company with core operations in oil and gas exploration and production, holding a vital position within Indonesia's broader energy landscape. Identified by ISIN USY59505AA82 and CUSIP Y59505AA8, this debt security was denominated in USD and carried an annual interest rate, or coupon, of 6.75%. The total size of the bond issuance amounted to $500,000,000, with a minimum purchase increment set at $200,000. At one point, its market price was quoted at 101.084% of par value. The bond featured semi-annual interest payments, corresponding to a payment frequency of two times per year. This particular bond reached its scheduled maturity date on January 30, 2025, and has subsequently been fully redeemed, indicating the issuer successfully fulfilled its obligations to bondholders. Credit quality for this instrument was assessed by Standard & Poor's (S&P), which assigned it a B+ rating, positioning it within the speculative-grade investment category.