MTF’s Proposed Bond Assigned at AA; Indosat’s Bond and Sukuk Issues Assigned at AAA(idn)

Pemeringkat Efek Indonesia (Pefindo) affirmed idAA for PT Mandiri Tunas Finance (TUFI) and its outstanding Shelf Registration Bond I/2013. The same rating also affirmed for the proposed Shelf Registration Bond II/2015 with a maximum amount of IDR 2 trn. The rating reflects the company’s status as core subsidiary of Bank Mandiri (BMRI:IJ idAAA/Stable), strong business position, and strong financial flexibility.  Meanwhile, Fitch Rating assigned AAA(idn) to Indosat Tbk (ISAT:IJ)’s IDR 794 bn senior unsecured bonds IDR 106 bn sukuk ijarah issue. Indosat will use the issue proceeds to refinance its existing US dollar debt, and to fund capex and spectrum license annual fees.

Fast Food’s AA Credit Rating from Pefindo

Moody’s Rates Baa2 to Bank BRI USD Senior Notes

Indonesia Kendaraan Terminal Target 38% of Revenue Growth

The Government Assumes the Rupiah at the Level of 15,000 in 2019 State Budget

Bank Indonesia Currency Cooperation with Singapore