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Fitch Ratings #Indonesia has assigned National Long-Term Ratings of 'AAA(idn)' to Indosat Ooredoo's IDR 3,172 bn senior unsecured bonds and IDR 288 bn sukuk ijarah issues. The issues are launched from Indosat Ooredoo's IDR 9 trn bond programme and IDR 1 trn sukuk ijarah programme. Indosat Ooredoo will use the issue proceeds to refinance its existing rupiah debt, and to fund licence fees. The sukuk rating is at the same level as Indosat Ooredoo's National Long-Term Rating of 'AAA(idn)'. Fitch's rating for the certificates reflects the agency's belief that Indosat Ooredoo would stand behind its obligations.