Pefindo gives A-rating to Bakrie Telecom bonds

Jakarta (ANTARA News) - The Indonesian stock rating company (Pefindo) issued an A-rating with a steady projection to the bonds worth Rp 500 billion PT Bakrie Telecom Tbk (BTEL) planned to issue in the third quarter of 2007. A press release BTEL has issued in Jakarta on Monday afternnon said that a rating is set on the basis of a positive evaluation with reference to the performance of BTEL, model business, budget, and the company`s potential growth as national-scale operator. [more, antaranews]