Sarana Multi Infrastruktur Rating Upgraded to AAA

Pemeringkat Efek Indonesia (Pefindo) raised the rating on Sarana Multi Infrastruktur (SMI) to AAA from AA+ with the outlook maintained stable. The upgrade was driven by stronger government support as reflected by a capital injection of IDR20.4trn last year. This rating reflects the company’s status as critical government related entity, the high potential demand for infrastructure financing, very strong capitalization profile and very strong asset quality indicators.

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