Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Excelcomindo Pratama Tbk > News item |
Moody's ups Excelcomindo bond to Ba2
Moody's Investors Service said it upgraded Excelcomindo Finance Co. BV's foreign-currency senior unsecured bond rating to Ba2 from Ba3. The bond is guaranteed by PT Excelcomindo Pratama.
Moody's also said it affirmed its Ba2 local-currency corporate family rating with positive outlook.
This action follows Moody's decision to upgrade Indonesia's Ba3 foreign-currency sovereign ceiling to Ba2. The rating outlook is stable, consistent with the outlook on the country foreign-currency ceiling.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.