Fitch affirms Berlina

Fitch Ratings said it affirmed PT Berlina Tbk's national long-term rating at BBB(idn).

The outlook is stable.

The affirmation reflects Berlina's experience in Indonesia's plastic packaging industry with stable business operations and credit metrics, Fitch said.

Berlina's financial leverage, as measured by adjusted net debt-to-EBITDAR ratio, remained stable at 1.3x in the nine months that ended in September 2009, the agency said.

The stable outlook reflects the agency's expectation that Berlina's operating performance will continue to support its credit profile, Fitch said.

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