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Prospect News home > News index > List of issuers I > Headlines for IOI Corp. Bhd. > News item
Published on 5/14/2012 in the Prospect News Convertibles Daily, Prospect News Emerging Markets Daily and Prospect News Investment Grade Daily.

S&P affirms IOI, notes

Standard & Poor's said it affirmed its BBB+ corporate credit rating on IOI Corp. Bhd. The outlook is stable.

At the same time, the agency said it affirmed the BBB+ issue rating on the company's guaranteed senior unsecured notes and its axA+ ASEAN scale rating on IOI.

The agency said it affirmed the ratings because it expects IOI to maintain its steady operating performance over the next 12 to 18 months.


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