Moody's assigns first-time B1 CFR to Barito Pacific; outlook stable
Rating Action: Moody's assigns first-time B1 CFR to Barito Pacific; outlook stable. Global Credit Research- 03 May 2019. Singapore, May 03, 2019-- Moody's Investors Service has assigned a B1 corporate family rating to Barito Pacific Tbk.PT Barito Pacific Tbk is an Indonesia-based company primarily engaged in petrochemicals industry. The Company's business activities are grouped into four segments namely petrochemical, wood manufacturing, property, and plantations. Through its subsidiaries, the Company produces petroleum, ethylene, propylene, Crude C4 and Pyrolysis Gasoline (Py-gas), engages in logging and timber operations, manufactures wood products as well as develops and manages high-rise buildings.
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