• Newera Footwear Indonesia

      Press Release

       
      PEFINDO has withdrawn the ratings of PT Newera Footwear Indonesia. 01 Dec, 2006
      PEFINDO affirmed its "idCCC" ratings for PT Newera Footwear Indonesia (NEFI or the Company) and the Company's Bond I/2003 amounting to IDR31.5 billion and at the same time removed the ratings from Creditwatch. 25 Aug, 2006
      PEFINDO put the ratings of PT Newera Footwear Indonesia (NEFI or the Company) and its Bond I/2003 amounting to IDR31.5 billion into Creditwatch with negative implications. 11 Aug, 2006
      PEFINDO downgraded its ratings for PT Newera Footwear Indonesia (NEFI or the Company) and the Company's Bond I/2003 amounting to IDR31.5 billion to "idCCC" from "idBB+". 30 May, 2006
      PEFINDO downgraded the ratings for PT Newera Footwear Indonesia to "idBB+" from "idBBB-", and at the same time removed the ratings from 'Creditwatch' status. 30 Dec, 2005
      PEFINDO placed the ratings of NEFI and its Bond I/2003 into Creditwatch with negative implications following the Company's incapability to fulfill the required sinking fund 30 Nov, 2005
      PEFINDO affirmed the ratings for PT Newera Footwear Indonesia at "idBBB-". 10 Jan, 2005

      Rating Rationale

       
      PEFINDO downgraded the ratings of PT Newera Footwear Indonesia (NEFI or the Company) and the Company's Bond I/2003 totaling IDR31.5 billion due 2008 to "idBB+" from "idBBB-", and at the same time removed the ratings from 'Creditwatch' status. 30 Dec, 2005