JAKARTA (AFX-ASIA) – Standard & Poor’s Rating Services said it has placed its “B-” rating for Paiton Energy Funding BV’s US$180 million bond issue on credit watch, with negative implications, taking into account the company’s plan to build a new US$580 million power plant. The bond issue, due in 2014, is guaranteed by Indonesia’s PT…
INDONESIA: Paiton Energy US$180 million bond issue placed on credit watch – S&P
Posted on July 5, 2004 by EnergyAsia