Fitch rates Central Proteinaprima notes B+

Fitch Ratings said it assigned a final rating of B+ and a final recovery rating of 4 to the $325 million senior notes due 2012 issued by Blue Ocean Resources Pte. Ltd. and guaranteed by PT Central Proteinaprima Tbk, rated B+ with stable outlook.

The final rating action follows the completion of the notes issue.

The company, a large conglomerate engaged in agro-industrial and aquaculture businesses based in Thailand, is in the process of acquiring the assets of Dipasena, a large distressed shrimp farmer based in Indonesia.

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