Search result for: "ratings"

PT Aneka Gas Industri, Tbk (AGII IJ) will issue bonds and sukuk worth IDR150bn respectively or totaling IDR300bn, to refinancing company’s debt in early December 2017. Each bonds and sukuk, derived of two series, they are: series A with tenor 3-years and Series B tenor 5-years, has the same coupon rate indication for the both.

Bank Negara Indonesia, Tbk (BBNI IJ) will issue IDR3trn bonds in June 2017. This is a 5-years bond with idAAA (triple A) ratings from Pemeringkat Indonesia (Pefindo). This issuance is part of the continuous bonds I with a total target of IDR10trn. Besides for credit expansion, the purpose for this bonds issuance is to increase.

The company plan to fix its funding structure through bonds and Negotiable Certificate of Deposit (NCD) issues. This strategy is to sustain company’s credit expansion in this year. The company projected to issue bonds on this coming June, worth IDR2trn through 2 series, 3 and 5 years. Fitch’s Rating granted AA on the first issue..

XL Axiata, Tbk (EXCL IJ) Indonesia’s second-largest mobile phone operator is planning to raise IDR2.18trn (USD163mn) from selling Islamic bonds this month to refinance its debt and fund its working capital. The company’s Islamic bond sale is the second tranche of the planned IDR5trn issuance. In 2015, XL issued IDR1.5trn. The company will offer the.

Bank Rakyat Indonesia, Tbk (BBRI IJ) will issue and offer the Bank BRI II Phase II Year 2017 Self Registration Bonds, with a total amount of IDR5.1trn and such bonds was registered into KSEI’s collective custody by Bank Rakyat Indonesia (Persero) Tbk for Public Offering. The bonds issued in four series: the A series worth.

Fitch Ratings Indonesia has placed Wahana Ottomitra Multiartha Tbk’s (WOMF IJ, AA) on Rating Watch Negative (RWN), following its parent Bank Maybank Indonesia Tbk (BNII, AAA(idn)/Stable) that plans to sell its entire shares of 68.55% to investment holding company Reliance Capital Management. The transaction is expected to close in 1Q17.  WOMF’s ratings currently stood at.

Fitch Ratings has revised the outlook on Indonesia Eximbank to Positive from Stable. At the same time, Fitch did not raise outlook on other 3 SOE banks Bank Rakyat Indonesia, Tbk (BBRI:IJ), Bank Mandiri, Tbk (BMRI:IJ), and Bank Negara Indonesia, Tbk (BBNI:IJ) but affirming them at stable outlook in view that the government’s support on.

On the rating front, Fitch has raised the outlook on 6 Indonesia stated owned companies to positive following its revision on the country’s sovereign rating. The SOEs whose outlook being revised to positive are; i) Perusahaan Listrik Negara (PLN), ii) Perusahaan Gas Negara, Tbk (PGAS IJ), iii) Telekomunikasi Indonesia, Tbk (TLKM IJ), iv) Pertamina, v).

S&P Global Ratings has lowered Gajah Tunggal Tbk’s (GJTL IJ) corporate rating to ‘CCC+’/Negative from ‘B-/Credit Watch’. The downgrade was driven by growing refinancing risk related to the company’s USD500Mn senior secured notes due in February 2018. Gajah Tunggal does not have a diverse pool of domestic and international banking relationships and has not borrowed.

On rating action, Fitch Rating Indonesia has upgraded BFI Finance Indonesia, Tbk’s (BFIN IJ) national rating to ‘AA-(idn)/Stable’ from ‘A+(idn)/Stable, underpinned by its sound financial performance and balance sheet amidst slowing economic activity. It is reflected by improved profitability and capitalization measures with the company’s ROE and ROA posted at 18.0% and 6.3% respectively, slightly.