Tag: Moody’s Investor Service
Moody’s: Emerging Markets’s QE Programs are Largely Positive
JAKARTA (TheInsiderStories) - Moody's Investors Service says in a new report that while quantitative easing (QE) programs launched by central banks in emerging markets are largely...
Indonesia: Rating of Sritex Drops Again from B3 to Ca
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded PT Sri Rejeki Isman Tbk (IDX: SRTX) or Sritex corporate family rating (CFR) to Ca from B3 with outlook...
Moody’s Affirms Bank Permata’s Baa2 Ratings
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed PT Bank Permata Tbk (IDX: BNLI)' Baa2 long-term local and foreign currency deposit ratings with outlook stable. The agency has...
Indonesia’s Sritex Debt Extension Unsure, Rating Downgraded
JAKARTA (TheInsiderStories) - Textile manufacturer, PT Sri Rejeki Isman Tbk (IDX: SRIL) also known Sritex reported only 60 percent of their lender has agreed to extend...
Moody’s Reviews Sritex Rating, Withdraw Barito and Jasa Marga Ratings
JAKARTA (TheInsiderStories) - Moody's Investor Services has review textile producer, PT Sri Rejeki Isman Tbk (IDX: SRTX) also known Sritex rating and withdraw PT Barito...
Moody’s Affirms CIMB Niaga Baa2 Ratings with Outlook Stable
JAKARTA (TheInsiderStories) - Moody's Investors Service affirmed PT Bank CIMB Niaga Tbk (IDX: BNGA) Baa2 long-term local and foreign currency deposit ratings with outlook remains stable. The affirmation of...
Moody’s: Indonesian Property Developers’s Cash Flow to Improve
JAKARTA (TheInsiderStories) - Moody's Investors Service says that demand recovery will be uneven across Indonesian property segments, although cash flow is expected to broadly improve from...
Moody’s Downgrades Saka Energi’s Senior Unsecured Notes to B2
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family and the senior unsecured rating of PT Saka Energi Indonesia to B2 from B1. At the same...
Indonesia to Releases Global Bond to Finances Budget Deficit
JAKARTA (TheInsiderStories) - Indonesian government plans to releases senior unsecured US Dollar notes and Eurobond and get Baa2 rating from Moody's Investors Service, the agency reported...
Moody’s Downgrades Sritex Rating to B1 on the Weaken Liquidity
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the local textile producer, PT Sri Rejeki Isman Tbk also known Sritex (IDX: SRTX) corporate family rating from Ba3...
Moody’s affirms Bank Central Asia, Bank Tabungan Negara Ratings
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed PT Bank Central Asia Tbk (IDX: BBCA) and PT Bank Tabungan Negara Tbk (IDX: BBTN)' Baa2 long-term local and foreign...
Moody’s Downgrades Alam Sutera’s Rating to Caa3
JAKARTA (TheInsiderStories) - Moody's Investors Service has placed on review for downgrade the Caa1 corporate family rating (CFR) of PT Alam Sutera Realty Tbk (IDX: ASRI). The agency has...
Coronavirus-led Economic Shock Hurts Demand Across Indonesia’s Property Sector
JAKARTA (TheInsiderStories) - Moody's Investors Service says that the pandemic-led consumption shock will drive economic contraction and hurt demand across all segments of Indonesia' property sector...
Moody’s places Lippo Malls Indonesia Retail Trust’s Ratings on Review
JAKARTA (TheInsiderStories) - Moody's Investors Service has placed on review for downgrade the B1 corporate family rating of Lippo Malls Indonesia Retail Trust (LMIRT). The agency also has placed...
Asian Refiners See Earnings, Margins Dwindle as Supply Outraces Demand
JAKARTA (TheInsiderStories) - Moody's Investors Service says that the aggregate EBITDA of Asian refiners will decline by around 30 percent, which could go as high as...
Indonesia’s Soechi Lines Rating Drops to B2 from B1
JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the shipping operator issuer, PT Soechi Lines Tbk (IDX: SOCI)' corporate family rating to B2 from...
Fitch Downgrades Alam Sutera to ‘CCC-‘ on Heightened Refinancing Risks
JAKARTA (TheInsiderStories) - Fitch Ratings has downgraded property developer, PT Alam Sutera Realty Tbk' (IDX: ASRI) Long-Term Issuer Default Rating (IDR) to CCC- from B-. At...
Indonesian Corporates to See Earnings Fall Up to 50% on COVID-19
JAKARTA (TheInsiderStories) - Moody's Investors Service says in a new report that the credit quality of Indonesian corporates is set to deteriorate amid the coronavirus, as...
Moody’s: Subdued Outlook for Asia Pacific Corporates
JAKARTA (TheInsiderStories) - Moody's Investors Service says that the coronavirus-triggered global recession will continue to pressure Asia Pacific non-financial companies, with negative credit trends to persist...
Moody’s Assigns Baa2 Rating to Indonesia’s PLN Drawdown
JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Baa2 rating to the proposed senior unsecured medium term notes (MTN) to be issued by state-owned power...
Fitch Revises Down India’s Rating to BBB- with Outlook Negative
JAKARTA (TheInsiderStories) - Fitch Ratings revised down India’ outlook to BBB- from stable to negative, stating that the pandemic has significantly weakened this year' economic growth prospects...
Moody’s Downgrades Lippo Malls Indonesia Retail Trust to B1
JAKARTA (TheInsiderStories) - Moody's has downgraded the corporate family rating of Lippo Malls Indonesia Retail Trust (LMIRT) to B1 from Ba3 with outlook negative. In addition, Moody's...
Fewer APAC Projects, Infrastructure Companies Have High Exposure
JAKARTA (TheInsiderStories) - High proportion (67 percent) of rated project and infrastructure companies in Asia Pacific continue to have low exposure to the coronavirus-related disruptions, supported...
Moody’s Affirms United Tractors Baa2 Rating, Outlook Stable
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed Indonesian coal miner, PT United Tractors Tbk (IDX: UNTR)' Baa2 issuer rating. The outlook remains stable.
The...
Moody’s Revises Outlook on Indika Energy, ABM Investama to negative
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the Ba3 corporate family rating of PT Indika Energy Tbk (IDX: INDY). The agency also affirmed the Ba3...
Emerging Market Issuers Take Hit from COVID-19 as Global Recession Deepens
JAKARTA (TheInsiderStories) - The global recession is deepening as coronavirus-related restrictions exact a high economic cost and expect the real GDP to contract by 1.0 percent...
Moody’s Affirms Ratings of Four Indonesian Financial Institutions
JAKARTA (TheInsiderStories) - Moody's Investors Service affirmed the Baa2 long-term local and foreign currency issuer ratings of leasing companies, PT Astra Sedaya Finance (ASF), Federal International Finance (FIF), and...
Moody’s Affirms PLN Ratings, Downgrades BCA to ba3
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed PT Perusahaan Listrik Negara' (PLN) Baa2 issuer and senior unsecured ratings and has downgraded its Baseline Credit Assessment (BCA)...
Indonesia’s Hutama Offers Global Bond US$1.5B
JAKARTA (TheInsiderStories) - Indonesia' toll operator, PT Hutama Karya offers global medium term notes (GMTN) up to US$1.5 billion. The notes get (P)Baa2 rating from Moody's Investors...
Moody’s Affirms Sritex Rating, Downgraded Pan Brothers
JAKARTA (TheInsiderStories) - Moody's Investor Service affirmed corporate family rating of publicly listed textile producers, PT Sri Rejeki Isman Tbk or Sritex (IDX: SRIL) rating at...
