Lippo Malls Indonesia Retail (SG:D5IU) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Fitch Ratings has upgraded Lippo Malls Indonesia Retail Trust’s Long Term Issuer Default Rating to ‘CCC+’ from ‘C’, recognizing improved liquidity and the ability to repay short-term debt, despite potential challenges in financing future obligations. The company’s senior unsecured notes have also been upgraded with a recovery rating assigned, while the Trust remains in compliance with its financial covenants.
For further insights into SG:D5IU stock, check out TipRanks’ Stock Analysis page.
