Sri Rejeki Isman Tbk (P.T.): Acquisitions of Bitratex and Primayudha Mandirijaya are credit positive
CORPORATES ISSUER COMMENT 22 December 2017 RATINGS Sri Rejeki Isman Tbk (P.T.) LT Corporate Family Ratings B1 Outlook positive Golden Legacy Pte. Ltd. $350mm GTD GLOBAL BONDS due 2021 B1 $150mm GTD GLOBAL BONDS due 2024 B1 Outlook positive Source: Moody's Investors Service CLIENT SERVICES Americas 1-212-553-1653 Asia PacificPT Sri Rejeki Isman Tbk is an Indonesia-based company primarily engaged in integrated textile and garment industry. Its business activities are spinning, weaving, greige dyeing, bleaching and printing as well as garment manufacturing. Its products include yarn, comprising rayon, cotton and polyester yarn; greige; finished fabric, and garments. Its manufacturing plants are located in Sukoharjo and Semarang, Indonesia.
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