Moody's affirms Bakrie Sumatera

Moody's Investor Services said it affirmed Bakrie Sumatera Plantations' B2 corporate family rating and B2 senior secured bond rating after the successful completion of the $110 million five-year bond issue. The provisional status of the two ratings has been removed.

The outlook is stable.

The company is well established with products that include crude palm oil, palm oil kernel oil and rubber latex.

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