Showing posts with label berlian laju tanker. Show all posts
Showing posts with label berlian laju tanker. Show all posts

Monday, July 09, 2012

INDONESIA - CAPITAL MARKETS - Bondholders Laju Tanker Demand Specificity of Bapepam-​​LK

www.bisnis.com - JAKARTA: Holders of bonds and sukuk PT Berlian Laju Tanker is still waiting in an atmosphere of uncertainty following the shipping status of issuers that defaulted on a debt instrument in February.

Yusuf, III/2007 Bond investors who represents one of superannuation funds, Bapepam LK asks firmness and the Ministry of Finance to take action against the issuer can not meet its obligations.

"So far, Bapepam LK looks quiet, but who agreed to permit the issuance of bonds is Bapepam LK. They should also take responsibility for their decisions, "he said(source)

Sunday, February 19, 2012

INDONESIA - RATINGS - Berlian Laju Tanker Tbk.

www.pefindo.com - PEFINDO lowered PT Berlian Laju Tanker Tbk’s (BLTA or the Company) corporate rating to “idSD” from “idCCC” after confirming that BLTA has not made the repayment on one of its offshore bank loans and its ship-lease obligations on their respective due dates. PEFINDO maintained “idCCC” ratings for the Company’s Bond III/2007 and Bond IV/2009 (including the Bond IV/2009-B Series amounting to IDR150 billion due 28 May 2012), and also maintained the ratings of BLTA’s Sukuk Ijarah I/2007 and Sukuk Ijarah II/2009 at “idCCC(sy)” (including Sukuk Ijarah II/2009-A Series amounting to IDR45 billion due 28 May 2012). The debt instrument ratings will be lowered to “idD” when the next respective dates for interest or principal payments are passed and the payments are not made. (source)