OREANDA-NEWS. Fitch Ratings has withdrawn the ratings on PT Metropolis Propertindo Utama (MPU). Prior to the withdrawal, MPU's Long-Term Issuer Default Rating was at 'B' with Stable Outlook, and MPU's senior unsecured rating was at 'B' with Recovery Rating of 'RR4'.

Fitch is withdrawing the ratings as MPU has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for MPU.