Tunas Baru Lampung Tbk (P.T.): Update following rating affirmation and revision of outlook to stable from negative
Our credit view of TBLA is based on the reduction in its near-term bond refinancing risk.Tunas Baru Lampung Tbk PT. PT Tunas Baru Lampung Tbk is an Indonesia-based company engaged in the agricultural industry. The Company's business activities include manufacturing and distribution of agricultural-based consumer products, such as palm cooking oil, coconut cooking oil, vegetable cooking oil, crude coconut oil, stearine, crude palm oil, palm kernel oil, palm fatty acid distillate, coconut fatty acid distillate, palm and copra chips and soap. It sells its products to domestic and international markets.
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