Fitch assigns AA+(idn) to BCA Finance MTN

JAKARTA: Fitch Ratings has today assigned a final AA+(idn) rating to PT BCA Finance's (BCAF) IDR100 billion 380-day senior medium term notes (MTN) II/2010. This rating action follows the completion of the MTN issuance and receipt of documents conforming
Wandrik Panca Adiguna | 09 Desember 2010 03:42 WIB

JAKARTA: Fitch Ratings has today assigned a final AA+(idn) rating to PT BCA Finance's (BCAF) IDR100 billion 380-day senior medium term notes (MTN) II/2010. This rating action follows the completion of the MTN issuance and receipt of documents conforming to information previously received. The final rating is the same as the expected rating assigned on 4 November 2010. Established in 1981, BCAF is one of the largest finance companies in Indonesia, with a focus on car financing. It is owned by BCA, Indonesia's third-largest bank. (wiw)

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