JAKARTA (AFX-ASIA) – Standard & Poor’s Ratings Services said Paiton Energy Funding B.V.’s successful restructuring of its commercial and export credit agency debts are within expectations and does not affect the current ‘CCC’ rating with a positive outlook for its US$180 million senior secured bond. The restructuring followed a revision in the power purchase agreement…
INDONESIA: Paiton Energy successful debt restructuring does not affect rating – S&P
Posted on March 21, 2003 by EnergyAsia