Allen & Overy has advised on PT Pertamina (Persero)’s latest global offering of USD1.9 billion bonds under the company’s USD20 billion Global MTN Programme
News
17 February 2021
Related people
Headlines in this article
Related news and insights
Publications: 02 April 2024
News: 19 March 2024
A&O continues to be recognised for market-leading position in India
News: 01 March 2024
A&O cements its position as a leading private capital firm with PDI award wins
Allen & Overy has advised the arrangers and dealers on PT Pertamina (Persero)’s global offering of USD1billion 1.40% bonds due 2026 and USD900million 2.30% bonds due 2031 under the company’s USD20bn Global Medium Term Note Programme.
PT Pertamina (Persero) is an Indonesian state-owned oil and natural gas corporation based in Jakarta. The company will use the proceeds of the offering for capital expenditures and general corporate purposes.
Allen & Overy has significant experience in financing transactions for state-owned enterprises in Indonesia across a variety of capital markets instruments and has advised on six previous drawdowns under PT Pertamina’s Global Medium Term Note Programme. With the latest series of issuances, this represents a total of USD6.35bn.
The transaction team, comprised of lawyers from Allen & Overy and associated firm Ginting & Reksodiputro, was led by partners Harun Reksodiputro and Felipe Duque, assisted by counsel Andrew Mohammad, senior associate Magdalena Biereder and associates Randy Pongtiku and Bryan O’Brien.
Allen & Overy has significant experience in financing transactions for state-owned enterprises in Indonesia across a variety of capital markets instruments and has advised on six previous drawdowns under PT Pertamina’s Global Medium Term Note Programme. With the latest series of issuances, this represents a total of USD6.35bn.
The transaction team, comprised of lawyers from Allen & Overy and associated firm Ginting & Reksodiputro, was led by partners Harun Reksodiputro and Felipe Duque, assisted by counsel Andrew Mohammad, senior associate Magdalena Biereder and associates Randy Pongtiku and Bryan O’Brien.