Medco Energi Outlook Remains Negative; Asuransi Sinar Mas on Stable Outlook
On rating action, Pemeringkat Efek Indonesia (Pefindo) has maintained idA+ with negative outlook on Medco Energi Internasional, Tbk (MEDC IJ) amid its more aggressive capital structure following the acquisition of Newmont Nusa Tenggara (NTT). However, the acquisition is expected to positive affect the rating as the company may receive potentially higher cash flow from NTT..
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