S&P AFFIRMS 'BBB-' RATING WITH STABLE OUTLOOK, FOR IOI DEBT

PETALING JAYA: S&P Global Ratings affirmed its 'BBB-' long term credit rating on IOI Corp Bhd, with a stable outlook, and also the company's guaranteed senior unsecured debt. "We affirmed the ratings because we believe that more volatile earnings will temper the benefits of the debt reduction following IOI's proposed asset disposal," it said in a statement last Friday. The palm oil plantation and oleochemicals supplier ...

TheSunDaily.my (Date:09/17/2017 10:53) Read full article >>

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