Indonesian Political, Business & Finance News

(Caption for Spotlight column. Client: PT Medco Energi

(Caption for Spotlight column. Client: PT Medco Energi Internasional Tbk. Publication date: Wednesday, June 25, 2003)

CLOSING CEREMONY FOR MEDCO BOND OFFER: John Pratt, managing director of Credit Suisse First Boston; Sugiharto, chief financial officer of Medco Energi; Hilmi Panigoro, CEO of Medco Energi; and Ranobir Mukherji, managing director of UBS Investment Bank (left to right), are pictured during the closing ceremony for Medco's bond offer. The bond offer by PT Medco Energi Internasional Tbk totaled US$250,000,000 and US$75,411,000 (exchange offer) with coupons at the rate of 8.75 percent annually, payable every semester.

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