TEXT-S&P summary: PT Astra International Tbk.
(The following statement was released by the rating agency)
Apr 13 -
Summary analysis -- PT Astra International Tbk. ------------------- 13-Apr-2012
CREDIT RATING: BBB-/Stable/-- Country: Indonesia
Credit Rating History:
Local currency Foreign currency
11-May-2011 BBB-/-- BBB-/--
The rating on PT Astra International Tbk. reflects the company's 'bb+' stand-alone credit profile (SACP) and a one-notch uplift because of expected support from its parent, Jardine Strategic Holdings Ltd. (Jardine Group: A-/Stable/--; cnAA/--). The rating also reflects our view that the company has a "fair" business risk profile and "modest" financial risk profile.
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