|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7700 - 0.7700|
|52 Week Range||0.7700 - 1.1600|
|Beta (5Y Monthly)||0.34|
|PE Ratio (TTM)||5.58|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service has assigned a Ba3 rating to Bukit Makmur Mandiri Utama (P.T.)'s (BUMA) proposed US dollar senior secured notes. BUMA will use the net proceeds from the notes to fully repay its outstanding bank loans, and use the remaining proceeds to redeem a portion of its outstanding US dollar notes. "Although BUMA's internal cash sources will be sufficient to meet all of its cash needs through December 2021, proceeds from the proposed notes are essential to alleviating refinancing risk of its US dollar notes maturing in February 2022," says Maisam Hasnain, a Moody's Assistant Vice President and Analyst.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bayan Resources Tbk (P.T.) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.