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Moody's puts Lippo Malls trust's B1 rating on review for a downgrade

S&P maintains negative outlook on Reit sponsor Lippo Karawaci

Fiona Lam
Published Thu, Sep 3, 2020 · 09:50 PM

Singapore

MOODY'S Investors Service has placed on review for downgrade the B1 corporate family rating of Lippo Malls Indonesia Retail Trust (LMIRT), the real estate investment trust's (Reit) manager said on Thursday.

The credit rating agency has done the same for the B1 rating on the backed senior unsecured bond issued by LMIRT Capital, a wholly-owned subsidiary of the Reit.

Moody's changed its outlook on all the ratings to rating under review, from a negative outlook previously.

Its rev…

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