PT Indika Energy Tbk. (IDX: INDY) Indonesia’s leading integrated energy company, reported its unaudited consolidated financial statements for the six-month period ended June 30, 2014.
Read moreFitch Ratings has revised Indonesia-based Indika Energy Tbk’s (Indika) Outlook to Negative from Stable. At the same time the agency has affirmed Indika’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘B+’. Indika’s senior unsecured notes have also been affirmed at ‘B+’ with a Recovery Rating of ‘RR4’.
Read moreMoody’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
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