Indonesia#s Proposed Senior Unsecured Notes Assigned #BBB-# Long-Term Foreign Currency Rating

Stocks and Financial Services Press Releases Tuesday April 17, 2018 12:22
SINGAPORE--17 Apr--S&P Global Ratings

SINGAPORE (S&P Global Ratings) April 17, 2018--S&P Global Ratings today assigned its 'BBB-' long-term foreign currency rating to the proposed benchmark-sized U.S. dollar- and euro-denominated senior unsecured notes issued by Indonesia (BBB-/Stable/A-3).

The notes represent direct, general, unconditional, unsecured, and unsubordinated obligations of the sovereign, and rank equally with the sovereign's other unsecured and unsubordinated debt obligations.

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