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Published on 10/29/2019 in the Prospect News Emerging Markets Daily.

Fitch rates Perusahaan Listrik Negara notes BBB

Fitch Ratings said it assigned an expected BBB rating to PT Perusahaan Listrik Negara (PLN)’s proposed dollar-denominated notes.

The notes carry the same rating as the company, because they will be direct, unconditional, unsubordinated obligations of the company.

Indonesia, which is rated BBB, owns the company.


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