25.07.2016 06:55:00

Ottawa Holdings Pte. Ltd. -- Moody's downgrades MNC Investama's corporate family rating to B3 and senior secured bond rating to Caa1; outlook negative

Hong Kong, July 25, 2016 -- Moody's Investors Service has downgraded to B3 from B2 the corporate family rating (CFR) of P.T. MNC Investama Tbk. (BHIT) and to Caa1 from B3 the bond rating of the $365 million senior secured notes issued by its wholly owned subsidiary Ottawa Holdings Pte. Ltd., and guaranteed by BHIT.

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