CAPITAL MARKETS - RATING - Pefindo upgrades PKT bond rating to AA and confirms rating for Salim Ivomas Pratama sukuk AA-

JAKARTA: PT Pemeringkat Efek Indonesia (Pefindo) upgraded the rating of bonds and sukuk belongs to PT Pupuk Kalimantan Timur (PKT) from level idAA- and idAA-(sy) to idAA and idAA(sy) due to the stable of natural gas supplies which supported the high utility level for the listed company’s bonds.

SUKUK - rating - Salim Ivomas Pratama

PEFINDO affirmed "idAA-" ratings of PT Salim Ivomas Pratama (SIMP or the Company) and its Bond I/2009 of IDR452 billion and "idAA-(sy)" rating of its Sukuk Ijarah Bond I/2009 of IDR278 billion.