Wednesday, December 21, 2016

Fitch Revises Indonesia's Outlook to Positive; Affirms at 'BBB-'

(The following statement was released by the rating agency)

HONG KONG, December 21 (Fitch) Fitch Ratings' Outlook on

Indonesia's Long-Term

Foreign- and Local-Currency Issuer Default Ratings (IDRs) has

been revised to

Positive, with both ratings affirmed at 'BBB-'. The issue

ratings on Indonesia's

senior unsecured foreign- and local-currency bonds and

foreign-currency sukuks -

issued through Perusahaan Penerbit SBSN Indonesia II and III -

have also been

affirmed at 'BBB-'. The Country Ceilin

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