PT Medco Energi International Tbk (MEDC) plans to issue a maximum of US$800 million in debt securities.

Based on IDX's information disclosure on Wednesday 921/7), this bond has a tenor of seven years.

The company will use proceeds from the issuance of debt securities for the company's capital expenditures and business entities, including for the acquisition of other companies that are in line with the company's business activities and business entities, and pay off the company's debts.

The issuance of debt securities will help open up future funding options for the company and its subsidiaries to achieve maximum growth in developing business activities and strategies from time to time.

The plan to issue debt securities is based on the development of oil and gas prices in the future. In addition, the company hopes that the issuance of debt securities can maintain liquidity and cash position and increase the company's portfol