BTPN issue bonds

Fitch Ratings has today assigned PT Bank Tabungan Pensiunan Nasional (BTPN) a National Long-term rating of 'A+(idn)' with a Positive Outlook, Individual Rating at 'D' and Support Rating at '4'. At the same time, the agency has assigned an expected rating of 'A+(idn)' to the bank's proposed issue of senior unsecured bonds which will be issued in two tranches, with maturities of three and five years. The final issue rating is contingent on the receipt of final documents conforming to information already received.