Mostly Positive Affirmation on Rating Front; Pertamina Affirmed at Baa3 Eventually
On rating front, Indonesia Eximbank and Astra Sedaya Finance (ASF) were affirmed at AAA/Stable by Pemeringkat Efek Indonesia (Pefindo). Both companies are benefited from strong their majority shareholders’ support. Besides that, the AAA rating on Eximbank also reflects their strong market share in export finance as well as solid liquidity profile. As for ASF, their.
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