Sampai dikirim dua kali. hehe... On Tue, Jun 28, 2011 at 1:03 PM, Dokter Market <[email protected]>wrote:
> ** > > > Ini perusahaan maunya apa ya???? > > Wire: Standard & Poor's CreditWire (SPC) Date: Jun 28 2011 12:38:05 > > SINGAPORE (Standard & Poor's) June 28, 2011--Standard & Poor's Ratings > Services said today that it had withdrawn its 'CCC+' corporate credit rating > on Indonesia-based oil and gas producer PT Energi Mega Persada Tbk. (EMP) at > the company's request. > > At the time of the withdrawal, the developing outlook on EMP reflected our > view that the company's rating hinged on the resolution of existing covenant > breaches. We could have raised the rating if EMP refinanced existing bank > loans, adhered to its operating budgets and capital expenditure, and > improved its financial performance in line with our expectations of the > ratio of adjusted debt to EBITDA of about 6.5x in 2011. We expected a > maximum one-notch improvement in the rating on EMP under this scenario, > considering the company's vulnerable business risk profile and highly > leveraged financial risk profile. > > Conversely, we could have downgraded EMP if its liquidity deteriorated > due to refinancing delays and covenant breaches, leading the company to > alter or restructure any of its debt instruments. We would have considered > this a default, based on our criteria. > > Primary Credit Analyst: Andrew Wong, Singapore (65) 6239-6306; > [email protected] > > Secondary Contact: Vishal Kulkarni, CFA, Mumbai (91) 22-3342-4021; > [email protected] > > > > Regards, > > > Dokter Market > http://doktermarket.blogspot.com/ > twitter: @doktermarket > > > >
