E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers P > Headlines for PT Bussan Auto Finance > News item
Published on 5/4/2023 in the Prospect News Emerging Markets Daily.

Fitch rates Bussan notes AAA

Fitch Ratings said it assigned AAA (idn) ratings to PT Bussan Auto Finance's tranche III rupiah-denominated bond issuance under its second bond program.

The tranche consists of series A Rp 401 billion of 5.98% notes due in April 2024 and series B Rp 841 billion of 7.1% notes due in April 2026.

The proceeds will be used to support the issuer’s consumer financing activities.

The outlook is stable.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.