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Prospect News home > News index > List of issuers P > Headlines for PT Bussan Auto Finance > News item
Published on 12/21/2022 in the Prospect News Emerging Markets Daily.

Fitch rates Bussan notes AAA

Fitch Ratings said it assigned an AAA(idn) rating PT Bussan Auto Finance’s Rp 655 billion of 5.98% notes due December 2023 and Rp 545 billion of series B 7¾% notes due December 2025.

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

The outlook is stable.


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