Davis Polk advised the sole dealer manager in connection with an offer to repurchase for cash by Indo Energy Finance B.V. of up to $128.57 million in principal amount of its outstanding $300 million 7.00% senior notes due 2018.

Indo Energy Finance B.V., a company incorporated in the Netherlands, is a wholly owned subsidiary of PT Indika Energy Tbk. Indika Energy is one of Indonesia’s leading integrated energy groups, with a portfolio of businesses spanning energy resources, services and infrastructure sectors.

The Davis Polk corporate team included partner William F. Barron, counsel Faisal Baloch and registered foreign lawyer Alejandro Vargas. The tax team included counsel Alon Gurfinkel and associate Nicholas A. Machen. Members of the Davis Polk team are based in the Hong Kong and London offices.