Moody’s affirms Federal International Finance

Moody's Investors Service said it affirmed Federal International Finance's Baa2 long-term local and foreign currency issuer ratings, and Prime-2 short-term local and foreign currency issuer ratings.

Moody’s also affirmed its long-term foreign currency senior unsecured rating of Baa2.

The outlook is stable.

The agency said the long-term ratings incorporate the company’s ba2 standalone assessment and a three-notch rating uplift based on Moody's assessment that the company will receive support from its parent, PT Astra International Tbk., in times of need.

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