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Indika Energy

Ownership
Structure
Loans
Bonds

PT Indika Energy Tbk is an Indonesia-based integrated energy company mainly engaged in energy support services. It classifies its business into three segments:

  1. Energy Resources: focuses on coal exploration, production and processing. It has interests in several coal mining companies, such as PT Kideco Jaya Agung and PT Multi Tambangjaya Utama
  2. Energy Services: provides engineering, procurement and construction (EPC) services, operations and maintenance (O&M) services as well as logistic services to coal mining and oil and gas industry.  Operated by Indika’s subsidiaries PT Tripatra Engineers and Constructors, PT Tripatra Engineering and PT Petrosea Tbk.
  3. Energy Infrastructure: provides mining transportation, logistics and electricity generation capacity, is operated through PT Mitrabahtera Segara Sejati Tbk and PT Cirebon Electric Power.

Shareholders

Investor Ownership (%) Date
1. PT Indika Inti Ivestindo 37.79 31 Mar 2019
2. PT Teladan Resources 30.65 31 Mar 2019
3. Danu (Eddy Junaedy) 1.58 31 Mar 2019
4. Dimensional Fund Advisors, L.P. 1.06 31 May 2019
5. BlackRock Institutional Trust Company 0.54 30 Jun 2019
6. Mellon Investments Corporation 0.21 30 Jun 2019
7. Lasmono (Agus) 0.19 31 Mar 2019
8. First Trust Advisors L.P. 0.18 30 Jun 2019
9. Manulife Asset Management 0.16 31 Sep 2018
10. APG Asset Management 0.10 31 Dec 2018

Debt

Bond: Jan 2013: US$500 Million
  • Citigroup: Joint Bookrunner and Lead Manager
  • Standard Chartered: Joint Bookrunner and Lead Manager
  • UBS: Joint Bookrunner and Lead Manager
Bond: Apr 2017: US$265M
  • Notes by region: Asia 65%, US 19%, Europe and Middle East 16%.
  • Notes by investor type: fund managers took 82%, banks/private banks took 11% and pension/insurance accounts took 7%.
Bond: Nov 2017: US$575M
  • Citigroup: Joint Bookrunner
  • Standard Chartered: Joint Bookrunner
  • Notes by region: Asia 50%, US 29%, Europe 21%.
  • Notes by investor type: Fund and Asset managers 92%, banks and private banks 7%, and insurers, pensions and others 1%.

DISCLAIMER

PLEASE NOTE: Information comes from the companies’ available annual reports in English and websites, as well as other public and subscription-based information sources.

Occasionally, where information is incomplete, assumptions must be made about data and these were made in a consistent manner and in good faith. While we endeavoured to gather and include all relevant deals, we cannot guarantee the completeness of the information presented.

Last Updated: 16 August 2019