Fitch Ratings has downgraded PT Perusahaan Pengelola Aset’s (PPA) National Long-Term Rating to ‘AA-(idn)’ from ‘AA(idn)’. The Outlook is Stable. Concurrently, Fitch has downgraded the rating on PPA’s senior unsecured notes to ‘AA—(idn)’ from ‘AA(idn)’.
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