Pefindo Affirms A+ Ratings for PT PP

Pemeringkat Efek Indonesia (Pefindo) reaffirmed the rating idA+ for Pembangunan Perumahan (PT PP), Tbk (PTPP:IJ). The ratings also applies to the Shelf Registered Bond I Tranche I Year 2013, and Shelf Registered Bond I Tranche II Year 2015 worth IDR1Trn. The rating is valid for the period of November 2017 to November 2018, and the company’s outlook is stable. The rating indicates the company has the ability is strong compared to other Indonesia obligor to meet its long-term financial commitments. While, plus sign the given rating reflects relatively strong and above the average of the corresponding category.

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PTPP Launches Nine New Project

Unemployment Increased 10,000 People in a Year