Moody's Ratings (Moody's) has downgraded to B1 from Ba3 the corporate family rating (CFR) of Indika Energy Tbk (P.T.) (Indika). At the same time, we have also downgraded the rating on Indika's $455 million senior secured notes due in May 2029 to B1 from Ba3. The outlook has been revised to stable ...
Moody's Ratings (Moody's) has affirmed Indika Energy Tbk (P.T.)'s Ba3 corporate family rating (CFR) and the Ba3 rating on its senior secured notes due 2029. The outlook has been revised to negative from stable. "The change in outlook to negative is based on our expectation that Indika's credit m...
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