|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0065 - 0.0065|
|52 Week Range||0.0065 - 0.0210|
|Beta (5Y Monthly)||1.02|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jun 25, 2018|
|1y Target Est||N/A|
Lippo Karawaci will use the net proceeds to partially redeem the 2022 notes and for general corporate purposes. "The proposed notes are not exposed to either legal or structural subordination risk, therefore the rating is aligned with Lippo Karawaci's B3 corporate family rating," says Jacintha Poh, a Moody's Vice President and Senior Credit Officer. At 30 September 2019, nearly all of Lippo Karawaci's consolidated borrowings were held at the holding company and around 92% of these borrowings were unsecured.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Lippo Karawaci 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.