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Berita Hari Ini Corporate Debt

  • Moody's May Cut Credit Rating of Property Firm Lippo Karawaci

    Moody's May Cut Credit Rating of Property Firm Lippo Karawaci

    Global credit rating agency Moody's Investors Service may cut the credit rating of Indonesia-based property company Lippo Karawaci. Main reason for the cut would be the delay in the property firm's release of its full-year 2017 financial report as well as a high amount of foreign-denominated debt and concern about the company's liquidity. It is the third time since last year that Lippo Karawaci delayed the publication of its financial report.

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