19.05.2015 12:42:00
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Berau Coal Energy TBK (P.T.) -- Moody's downgrades Berau to Caa2; outlook negative
Singapore, May 19, 2015 -- Moody's Investors Service has downgraded the corporate family rating of PT Berau Coal Energy Tbk (BCE) to Caa2 from Caa1 as well as the ratings on senior secured bonds issued by BCE and Berau Capital Resources Pte. Ltd., which are guaranteed by BCE, to Caa2 from Caa1. The rating outlook is negative.