PT Pertamina (Persero) was established in 1957 and is headquartered in Jakarta, Indonesia, serving as the country’s state-owned oil and gas corporation. The company plays a crucial role in the energy sector, primarily engaged in the exploration, production, refining, and distribution of oil and natural gas, while also providing a range of energy-related services.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PT Pertamina has been active in the bond market since its initial issuance in 2009, demonstrating a robust approach to funding its operations. Notably, in 2020, Pertamina issued a dual-tranche bond totaling USD 2 billion to finance its capital expenditures and improve liquidity amid the COVID-19 pandemic. Currently, its bonds are positioned competitively within the industry, with yields reflecting investor confidence, and they often feature green initiatives, aligning with global sustainability goals. Recent news has highlighted Pertamina's commitment to expanding its green bond offerings, indicative of its strategy to enhance environmental responsibility.