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Published on 10/12/2023 in the Prospect News Emerging Markets Daily.

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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