Fitch gives AA+(idn) to Maybank bonds

Fitch Ratings said it gave an AA+(idn) rating to PT Maybank Indonesia Finance's tranche II senior rupiah bond issuance under its third continuing bond program.

The Rp 800 billion bonds are due in March 2025 and carry an annual interest rate of 5.8%.

“The bonds are rated at the same level as MIF's national long-term rating, in line with Fitch's criteria, as they represent MIF's direct obligations and rank equally with all its other obligations in the same debt class,” the agency said in a press release.

The outlook is stable.

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