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Published on 7/18/2023 in the Prospect News Emerging Markets Daily.

Fitch rates KB Finansia notes AAA

Fitch Ratings said it assigned AAA(idn) ratings KB Finansia Multi Finance’s Rp 500 billion of 6.2% series A notes due July 2024 and Rp 500 billion of 7.3% series B notes due June 2026.

The agency upgraded KB Finansia’s ratings to AAA(idn) on Sept. 13.

The outlook is stable.


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