Fitch Assigns 'B+' Final Rating to Indika's 2018 USD Notes
Wednesday, May 4 2011 - 07:41 AM WIB
(Fitch Ratings-Jakarta/Sydney/Singapore-04 May 2011)--Fitch Ratings has assigned a 'B+' final rating and a Recovery Rating of 'RR4' to the USD300m senior unsecured notes due 2018 issued by Indo Energy Finance B.V. The notes are guaranteed by PT Indika Energy Tbk (Indika; 'B+'/Stable) and certain subsidiaries.
The assignment of the final ratings follows a review of final documentation materially conforming to the draft documentation previously reviewed. (ends)