PT Indika Energy Tbk. shareholders today has approved the 2010 Annual Report, usage of 2010 net profit and changes of usage for remaining IPO proceed during the company’s Annual General Shareholders Meeting.
Read moreMoody’s Investors Service has today upgraded the corporate family and senior secured ratings on PT Indika Energy Tbk. to B1 from B2. The outlook for the rating remains positive. Moody’s has also assigned a provisional (P)B1 rating with a positive outlook to the proposed seven-year senior notes, to be issued by Indo Energy Finance B.V. […]
Read moreFitch Ratings has affirmed Indonesia-based Indika Energy Tbk’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘B+’ with a Stable Outlook. Indika’s USD250m notes due 2012 and USD230m notes due 2016 have also been affirmed at senior unsecured ‘B+’ with Recovery Ratings of ‘RR4’.
Read morePT Indika Energy Tbk. announced today that it executed its option to acquire a majority 51% stake of Pt Mitrabahtera Segara Sejati, an integrated coal transport and logistics services from the Prasatya Family, pursuant to the Option Agreement dated November 29, 2010.
Read morePT Kideco Jaya Agung, PT Indika Energy Tbk. 46% subsidiary, shareholders today has approved the 2010 Audited Financial Report and dividends declaration during the company’s Annual General Shareholders Meeting.
Read morePT Indika Energy Tbk. announced today that its wholly owned subsidiary Indo Integrated Energy B.V. has commenced consent solicitation relating to all its outstanding Senior Notes Due 2012.
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