
Archive


Fitch Upgrades Indika Energy to ‘B/ Stable’; Rates USD Notes Final ‘B’
Fitch Ratings has upgraded Indonesia-based PT Indika Energy Tbk’s Long Term Foreign and Local Currency Issuer Default Ratings (IDR) to ‘B’ from ‘CCC’. The agency has also upgraded Indika’s outstanding senior notes due 2018 and 2023 to ‘B’ from ‘CCC’ with a Recovery Rating of ‘RR4’.
Lebih Lanjut
Successful Issuance of Indika Energy’s USD265 Million Bond Due 2022
PT Indika Energy Tbk (“Indika Energy”) successfully launched and priced a landmark 5NC3-year bond issuance of USD265 million in aggregate principal amount with a coupon of 6.875%, and a reoffer yield 6.950%. The transaction marks Indika Energy’s return to the debt capital primary markets after 4 years since their last USD500 million 10NC5-year issuance in […]
Lebih Lanjut
Fitch Assigns Indika Energy Positive Outlook on Higher Coal Prices
Fitch Ratings has affirmed Indonesia-based PT Indika Energy Tbk’s (Indika) Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDR) at ‘CCC’ and assigned a Positive Outlook. Indika’s senior notes due 2018 and 2023 have also been affirmed at ‘CCC’ with a Recovery Rating of ‘RR4’.
Lebih Lanjut