PT Solusi Tunas Pratama Tbk. #B+# Rating Withdrawn At Issuer#s Request

Stocks and Financial Services Press Releases Tuesday May 8, 2018 20:38
SINGAPORE--8 May--S&P Global Ratings

SINGAPORE (S&P Global Ratings) May 8, 2018--S&P Global Ratings today withdrew its 'B+' long-term issuer credit rating on PT Solusi Tunas Pratama Tbk., an Indonesia-based telecom tower operator, at the company's request. At the time of withdrawal, the outlook on the issuer credit rating was stable. At the same time, we withdrew our 'B+' long-term issue rating on the senior unsecured notes that the company guaranteed and had fully repaid in March 2018. The notes were issued by Pratama Agung Pte. Ltd., STP's wholly owned subsidiary.


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