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Moody’s assigns B1 to Medco bond
Moody’s Investors Service said it assigned a B1 rating to Medco Maple Tree Pte. Ltd.’s planned senior unsecured bond. The issuer is a 100%-owned subsidiary of Medco Energi Internasional Tbk.
The agency also affirmed Medco Energi’s B1 ratings. The company guarantees the debt sold by its subsidiaries.
The outlook is stable.
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