Pefindo Cut Lontar Papyrus Pulp Ratings. PT Pemeringkat Efek Indonesia (Pefindo) cut the credit ratings of 5 companies in the third quarter of 2020. Pefindo’s Head of Corporate Rating Division, Niken Indriarsih. She said that during the July – September 2020 period. Pefindo’s Corporate Ratings Division issue 67 rating publications for around 50 companies.