Asia/Pacific

Fitch Revises Garuda Outlook to Stable, Affirms at 'BBB+(idn)'

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Fitch Revises Garuda Outlook to Stable, Affirms at 'BBB+(idn)'

Fitch Ratings has affirmed PT Garuda Indonesia Tbk's (Garuda) National Long-Term Rating at 'BBB+(idn)' and revised the Outlook to Stable from Negative. At the same time, Garuda's senior unsecured debt class rating and rating on its outstanding IDR2trn bond due in 2018 have also been affirmed at 'BBB...

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