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Published on 11/4/2010 in the Prospect News Emerging Markets Daily.

Fitch rates BCA Finance notes AA+(idn)

Fitch Ratings said it assigned BCA Finance an F1+(idn) national short-term rating and an expected AA+(idn) rating to its proposed senior medium-term notes amounting to Rp 200 billion. The issue is rated the same as its national long-term rating.

The rating is contingent on the receipt of final documents.

The issuer's rating reflects the strong linkage to its parent, PT Bank Central Asia Tbk., reflected through the sharing of a common brand name and the provision of funding and operational alignment, Fitch said.


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