Moody's rates Indonesian sukuk Baa3

Moody's Investors Service said it assigned a provisional Baa3 rating to the securities under the Government of Indonesia's proposed dollar-denominated sovereign sukuk.

Moody's said the payment obligations represented by the securities available on offer are ranked pari passu with other senior, unsecured debt issuances of the Government of Indonesia and thus justify a rating at an equal level.

© 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.