Pefindo: Bumi Serpong Damai Ratings in Level idAA-
Bumi Serpong Damai, Tbk (BSDE IJ), back get its ratings at level idAA- for the company, and Shelf Registered Bond Tranche I Series C Year 2012, and Shelf Registered Bond II Tranche I Series A and B Year 2016. IdAA- rating affirmation was obtained from Pemeringkat Efek Indonesia (Pefindo). In addition, the prospect of the company ratings is “stable“. In the disclosure information on the Indonesia Stock Exchange (IDX), Pefindo explains, BSDE has a very strong the ability to meet long-term financial commitments relative other than the obligor against Indonesia.
Mostly Positive Affirmation on Rating Front; Pertamina Affirmed at Baa3 Eventually
Telkomsel’s Rating Affirmed Baa1; Bank Syariah Mandiri at idAA+
Bank Danamon Issue MTN Worth IDR500Bn
Bond Market Continue Strengthening
Indonesia Crude Price Predicted Rise at the End of the Year
The Movement of the Rupiah This Week
In addition, the ratings at once confirms BSDE strong business position in a property industry. The company’s diverse product properties and a wide coverage area, as well as strong cash flow protection became the strength of BSDE. The origin of the idea, this year the BSDE vied for marketing sales by as much as IDR6.2Trn in 2019. Later, the next project support by sustained flagship projects especially in the residential and commercial segments.
Millennium Pharmacon Strengthen its Business Network
Kalbe Farma Strong Positioning For The Future
Bank Mandiri Issue Global Bond
Shelf Registration Bond II OCBC NISP Tranche II Year 2017
Business Activities Indicates Increasing in 2Q18
The Processing Industry’ Performance was the Strongest Since 3Q14
Residential sales is believed to be the major contributors will be the marketing sales this year, which is as much as 56% of the total marketing sales, while the rest amounted to 44% would contributed to by commercial products such as land plots, houses and condos. BSDE is also still has a number of flagship projects such as in BSD City will remain a major contributor to marketing sales amounted to 66%, as well as The condominium project The Elements Kuningan Jakarta CBD, Southgate Residence TB Simatupang in South Jakarta, and Klaska Surabaya, which would account for 15%.
The issuer has a major property project located in Serpong (BSD City), Cibubur, Jakarta and Bekasi. The company also expands into other areas such as Balikpapan, Samarinda, Manado, Palembang and Semarang.