Fitch Ratings Indonesia has downgraded PT Garuda Indonesia Tbk's (Garuda) National Long-Term Rating to 'BBB+(idn)' from 'A-(idn)'. The Outlook is revised to Negative from Stable. At the same time, Garuda's outstanding IDR2trn bonds due in 2018 have also been downgraded to 'BBB+(idn)' from 'A-(idn)'....
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