Moody's may upgrade Indofood

Moody's Investors Service said it placed on review for possible upgrade the B2 foreign currency issuer rating of Indofood Sukses Makmur Tbk and the B2 senior unsecured bond rating of Indofood International Finance Ltd. The B1 local currency issuer rating was affirmed with a stable outlook.

This rating action follows Moody's placement of Indonesia' B2 foreign currency sovereign ceiling on review for possible upgrade.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.