PT BCA Finance was picks PT Trimegah Securities as a underwriter medium term notes (MTN) IDR200 billion.
Fitch Ratings has assigned BCA Finance an 'F1+(idn)' national short-term Rating, and an expected 'AA+(idn)' rating to its proposed 370-380 days senior MTN amounting to IDR200 billion.
The issue is rated the same as BCA Finance's national long-term rating. The final rating on the issue is contingent on the receipt of final documents conforming to information already received.
The issuer's rating reflects the strong linkage to its parent, PT Bank Central Asia Tbk with long-term foreign currency Issuer Default Rating: 'BB+'/Stable; National Rating: 'AAA(idn).
The issuer's rating reflects the strong linkage to its parent, PT Bank Central Asia Tbk with long-term foreign currency Issuer Default Rating: 'BB+'/Stable; National Rating: 'AAA(idn).
BCA's support is reflected through the sharing of a common brand name and the provision of funding and operational alignment.
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