Fitch rates Bank Riau Kepri bonds A(idn)

Fitch Ratings said it assigned a final A(idn) rating to PT Bank Pembangunan Daerah Riau Kepri's issue of up to Rp 500 billion senior bonds with maximum maturity of five years.

This follows the receipt of documents conforming to information previously received.

The final rating is the same as the expected rating assigned in May, Fitch said.

Bank Riau Kepri is mutually owned by the Government of Riau province, municipalities and regencies surrounding Riau and Riau Island provinces, the agency said.

© 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.