MDKA – A IDR1.5 tn bonds issuance

MDKA – A IDR1.5 tn bonds issuance Merdeka Copper Gold (MDKA) will issue Shelf-Registration Bonds IV Phase V Year 2024 worth IDR1.5 tn as part of MDKA's Shelf-Registration Bond IV with a total maximum value of IDR15 tn. Previously, MDKA had issued bonds with a total value of IDR10.25 tn. The bonds will be issued in 2 series, Series A with a value of IDR750 bn, an interest rate of 7.25% per year and a maturity of 1 year and Series B with a value of IDR750 bn, an interest rate of 9.00% per year and a maturity of 3 years. All proceeds from this bonds will be used to refinance maturing bonds; the repayment of Shelf-Registration Bond IV Phase II Year 2023 worth IDR1.34 tn and the repayment of Shelf-Registration Bond II Phase I Year 2021 Series B worth IDR16 bn. (Source: Emiten News)