Use of Proceeds from the Public Offering
In 2014 the Company had realised the use of proceeds
from the public offering denominated in Rupiah and US
Dollar, as follows:
a. Realisation of the Use of Proceeds from the Shelf
Registered Public Offering of PT Medco Energi
Internasional Tbk USD Bonds I Phase I in 2011
The Shelf Registered USD Bonds Phase I has been
effective since 30 June 2011, in which as of 14 July
2011, the Company has received the proceeds from
this public offering of USD Shelf Registered Bonds I
Phase I amounting to US$50 million. After deducting
expense for the public offering of US$0.65 million, the
net proceeds to the Company amounted to US$49.35
million.