Fitch Rates Sritex’s Proposed US Dollar Notes A+(idn)

Fitch Ratings Indonesia has assigned PT Sri Rejeki Isman, Tbk (SRIL IJ) proposed US dollar-denominated domestic medium-term notes due in 2020 a national Long-Term Rating of A+(idn). The Indonesia-based company expects to utilise the proceeds from the notes to refinance its bank debt.

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