Report
EUR 652.68 For Business Accounts Only

Press Metal Aluminium Holdings Berhad: Covenant Quality Post-Sale Snapshot: US$400m 4.80% Senior Notes due 2022

CORPORATES ISSUER IN-DEPTH 25 October 2017 Source Documents: OM (23 Oct 2017) Peer Group: » Steel See  Snapshot User’s Guide  for terminology, analytical criteria and our ranking of covenant structures. This report contains Moody’s analysis of the principal protections and weaknesses of the covenant package of the Notes based on information contained in the Offering Memorandum dated 23 O
Underlying
Press Metal Aluminium Holdings Berhad

Press Metal is engaged in the manufacturing and marketing of aluminum products. Through its subsidiaries, Co. is engaged in: Contracting, fabrication and manufacturing of aluminum and stainless steel products; Trading of garments and accessories; and Provision of a common waste water treatment plant to treat toxic waste. Co. operates two segments: manufacturing and trading, which includes manufacturing and marketing of aluminum products and garments and accessories, and contracting; and fabrication, which includes contracting and fabrication of aluminum and stainless steel products. Co.'s other segments include operations related to property development and recycling and waste management.

Provider
Moody's Investors Service
Moody's Investors Service

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