Moody's upgrades Pakuwon Jati's CFR to Ba1, changes outlook to stable
Moody's Ratings has today upgraded Pakuwon Jati, Tbk. (P.T.)'s corporate family rating (CFR) to Ba1 from Ba2. Moody's has also upgraded the senior unsecured rating on Pakuwon Jati's 2028 bond to Ba1 from Ba2. The bond is unconditionally and irrevocably guaranteed by most of Pakuwon Jati's subsidia...P.T. Pakuwon Jati is a real estate development group based in Indonesia. Co. is engaged in contracting, developing and the operation of shopping centers, hotels, offices, condominiums, apartment buildings, and industrial estates.
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