Moodys Investors Service - MNC Investama (BHIT) Moodys downgrades MNC Investama to Caa3; Outlook Negative

Report

Moody's Investors Service

EUR 159.06 For Business Accounts Only

Moody's downgrades MNC Investama to Caa3; Outlook Negative

Rating Action: Moody's downgrades MNC Investama to Caa3; Outlook Negative. Global Credit Research- 08 Aug 2017. Hong Kong, August 08, 2017-- Moody's Investors Service, has downgraded the corporate family rating of MNC Investama Tbk. to Caa3 from Caa2, and the backed senior secured rating on the notes, issued by its wholly-owned subsidiary, Ottawa Holdings Pte.

08/08/2017 5 EN

Underlying

MNC Investama

PT MNC Investama Tbk is an investment company. Co.'s lines of business include Media, Financial Services, Energy and Natural Resources, and Portfolio Investment. Co.'s media service are grouped into three segments, which comprised of Content-Based and Advertising Media, Customer-Based Media and Supporting and Infrastructure Media. Co.'s financial services are operated by its subsidiary, PT MNC Securities (MNC Securities), which engaged in brokerage services and securities trading. Co.'s energy and natural resources business explores opportunities for new business development in energy and natural resources, particularly coal, oil and gas mining.

See profile

ID1000064207 Indonesian Stock Exchange Indonesia

Provider

Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations

Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.

Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.

See profile

Other Reports on these Companies

Moody's Investors Service

MNC Investama Tbk. (P.T.): Upgrade to B3 following distressed exchange

Our credit view of BHIT, reflecting its improved debt maturity following its distressed exchange, as well as its weak liquidity and complex structure, which raise concerns over transparency

May 14, 2018 May 14, 2018 10 EN

Moody's Investors Service

Moody's upgrades MNC Investama's Corporate Family Rating to B3; outlook negative

Moody's Investors Service has upgraded the Corporate Family Rating (CFR) of MNC Investama Tbk. (P.T.) (BHIT) to B3 from Caa3. At the same time, Moody's has assigned a definitive Caa1 rating to BHIT's USD231 million 9% senior secured notes due 11 May 2021. The outlook is negative. The rat...

EUR 146.34

May 8, 2018 May 8, 2018 5 EN

Moody's Investors Service

MNC Investama Tbk. (P.T.): Covenant Quality Post-Sale Snapshot: US$56.377m 9.00% Senior Secured Notes due 2021

PT MNC Investama Tbkâ€™s covenant package provides strong protection (1.36).

EUR 609.76

May 8, 2018 May 8, 2018 8 EN

Government Policy – Panama: Fiscal constraints, water scarcity and security concerns await next president

Panamanians will choose a new president and renew the legislative body on May 5. The new administration will grapple with deteriorating fiscal metrics, higher funding costs and climate risk.

EUR 702.45

30m 30m 1 EN

Government Policy – Panama:Fiscal constraints, water scarcity and security concerns await next president

Panamanians will choose a new president and renew the legislative body on May 5. The new administration will grapple with deteriorating fiscal metrics, higher funding costs and climate risk.

EUR 702.45

30m 30m 1 EN

SP PF Buyer LLC: Update following affirmation Caa2 CFR

Our credit view of Pure Fishing reflects its unsustainable capital structure with high financial leverage and weak liquidity, and its strong market position and financial support by its owne

EUR 234.15

42m 42m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Moody's downgrades MNC Investama to Caa3; Outlook Negative

MNC Investama Tbk. (P.T.): Upgrade to B3 following distressed exchange

Moody's upgrades MNC Investama's Corporate Family Rating to B3; outlook negative

MNC Investama Tbk. (P.T.): Covenant Quality Post-Sale Snapshot: US$56.377m 9.00% Senior Secured Notes due 2021

Government Policy – Panama: Fiscal constraints, water scarcity and security concerns await next president

Government Policy – Panama:Fiscal constraints, water scarcity and security concerns await next president

SP PF Buyer LLC: Update following affirmation Caa2 CFR

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe