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Prospect News home > News index > List of issuers P > Headlines for Perusahaan Listrik Negara (PLN) > News item |
S&P gives Perusahaan Listrik Negara notes BBB
S&P said it assigned a BBB rating to a proposed offering of senior unsecured notes by PT Perusahaan Listrik Negara (PLN), which S&P rates BBB.
“The rating on PLN reflects our view that the Indonesian government would provide timely support to the state-owned utility in all circumstances,” said S&P in a press release.
Proceeds will be used for capital expenditures and for general corporate purposes.
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