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S&P assigns Indonesia notes BBB
S&P said it assigned Indonesia’s proposed benchmark-sized yen-denominated senior unsecured notes a BBB long-term foreign currency rating. S&P rates Indonesia BBB.
The notes represent direct, general, unconditional, unsecured, and unsubordinated obligations of the sovereign and rank equally with the sovereign’s other unsecured and unsubordinated debt, the agency said.
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