Friday 26th May, 2017
S&P Global Ratings said yesterday that it had raised its long-term corporate credit ratings on seven Indonesian companies after a similar action on the sovereign credit rating on Indonesia. 'We raised the long-term Asean regional scale rating on four companies,' it said in a statement. 'We also raised the issue ratings to ';BBB-'; from ';BB+'; on the outstanding notes issued by the following entities: PT Pertamina (Persero); PT Pelabuhan Indonesia II (Persero); PT Pelabuhan Indonesia III (Persero); PT Perusahaan Gas Negara (Persero) Tbk; and the issue ratings to ';BB+'; from ';BB'; on the ...
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