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Prospect News home > News index > List of issuers E > Headlines for Excelcomindo Pratama Tbk > News item
Published on 8/1/2007 in the Prospect News Emerging Markets Daily.

Moody's may lift Excelcomindo FX rating

Moody's Investors Service said it placed the Excelcomindo Finance Co. BV's Ba3 foreign-currency senior unsecured bond rating on review for upgrade. The bond is irrevocably and unconditionally guaranteed by PT Excelcomindo Pratama. This rating action follows Moody's decision to review the Indonesia's Ba3 foreign-currency bond ceiling for upgrade.

Moody's affirmed the Ba2 local-currency corporate family rating of PT Excelcomindo Pratama with a stable outlook.


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