Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers P > Headlines for PT Bayan Resources Tbk. > News item |
Fitch rates Bayan Resources BB-
Fitch Ratings said it assigned a long-term issuer default rating of BB- to PT Bayan Resources Tbk.
The outlook is stable.
The rating reflects the low-cost position of Bayan's key coal mine, adequate reserves, diversified customer base and strong financial profile, Fitch said.
This is partially counteracted by its limited mine diversity and the cyclical nature of the coal industry, the agency said.
© 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.