PT Jasa Marga (Persero) Tbk.: New issue report
INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 23 November 2017 New Issue RATINGS Jasa Marga (Persero) Tbk (PT) Domicile Indonesia Long Term Rating Baa3 Type LT Issuer Rating - Dom Curr Outlook Positive Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Ray Tay +65.6398PT Jasa Marga (Persero) is engaged in the technical planning, construction, operation and/or maintenance of toll roads; organizing the land in toll road area (Rumijatol) and the land aside on Rumijatol using for rest areas and provision of services including facilities and other business operated either separately or in cooperation with other parties; and performing other activities and businesses. In addition, Co. manages other business activities through its branch and subsidiaries, which include management of the rest areas on the highway and gas station. As of Dec 31 2014, Co. operated 26 toll roads.
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