RI ratings as economy strengthens

Wednesday, January 27th, 2010

Fitch Ratings on Monday upgraded Indonesia’s long-term foreign and local currency ratings to BB+ from BB, one level below investment grade, citing the country’s resilience to the global financial crisis. S&P’s rating is three levels below investment grade, while Moody’s is two levels below investment grade.

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SMS Finance to issue Rp200 billion worth of bonds

Thursday, December 10th, 2009

Financing company PT Sinar Mitra Sepadan Finance (SMS Finance) plans to issue bonds worth Rp200 billion in January 2010 to finance its motorcycle credit financing business. The bonds will be issued in three series, each maturing in 370 days, 2 years and 3 years, according to the company`s prospectus published on ...

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