Moody’s Investors Service has changed the rating outlook for Indika Energy Tbk (P.T.) (Indika) to negative from stable. Concurrently, Moody’s affirmed Indika’s B1 corporate family rating (CFR) and the B1 ratings on the USD300 million notes due 2018 and USD500 million notes due 2023, issued by Indo Energy Finance B.V. and Indo Energy Finance II […]
Read morePT Indika Energy Tbk reported its unaudited consolidated financial statements for the three-month period ended March 31, 2014.
Read moreMoody’s Investors Service commented that PT Indika Energy Tbk’s (Indika) full-year 2013 earnings decline was driven by a weak coal pricing environment, but remains broadly in line with expectations. There is no immediate impact on the company’s B1 corporate family rating due in large part to Indika’s commitment to prudent balance sheet and liquidity management.
Read moreHigher operating profit offset by a decline in earnings from associated companies and one-off exceptional charges
Read moreA consortium between PT Tripatra Engineers & Constructors (“Tripatra”), a subsidiary of PT Indika Energy Tbk. (“Indika Energy”), PT Saipem Indonesia, PT Chiyoda International Indonesia and Hyundai Heavy Industries Co. Ltd., have signed a US$1.1 billion contract from ENI Muara Bakau BV., for the development of a new Floating Production Unit (FPU) in the Jangkrik […]
Read morePT Indika Energy Tbk. reported its unaudited consolidated financial statements for the nine-month period ended September 30, 2013.
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