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      • Sumberdaya Sewatama

        Press Release

         
        PEFINDO has withdrawn the ratings of Obligasi Sumberdaya Sewatama I Tahun 2012 Seri B and Sukuk Ijarah Sumberdaya Sewatama I Tahun 2012 based on the full repayment of the debt instrument 16 Dec, 2022
        PEFINDO will closely monitor the settlement of PT Sumberdaya Sewatama (SSMM)'s bonds and sukuk ijarah financial obligations 04 Oct, 2022
        PEFINDO has raised the ratings of PT Sumberdaya Sewatama (SSMM) and its Bond I/2012 to “idB+” from “idCCC”, and the rating for its Sukuk Ijarah I/2012 to “idB+(sy)” from “idCCC(sy)”. We also revised the outlook for the corporate rating to “stable” from “n 14 Sep, 2022
        PT Sumberdaya Sewatama rated at “idCCC” with “negative” outlook 09 Sep, 2021
        PEFINDO affirms “idCCC” rating to PT Sumberdaya Sewatama with “Negative” outlook 07 Sep, 2020
        PEFINDO affirms “idCCC” rating to PT Sumberdaya Sewatama with “Negative” outlook 03 Jul, 2020
        PEFINDO changes SSMM’s corporate rating outlook to “Negative” from “CreditWatch with Negative Implication”. Ratings of corporate and its debt instruments are maintained at “idCCC” 28 May, 2020
        PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains “Credit Watch with Negative Implications” 28 Feb, 2020
        PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains “Credit Watch with Negative Implications” outlook 28 Nov, 2019
        PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to “idCCC”, Sukuk to “idCCC(sy)”, revises outlook to “Credit Watch with Negative Implications” 03 Sep, 2019
        PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to “idB+”, Sukuk to “idB+(sy)”, revises outlook to “Negative” 28 May, 2019
        PEFINDO lowers the ratings for PT Sumberdaya Sewatama and its Bond and Sukuk to “idBB” 10 Sep, 2018
        PEFINDO affirms “idBB+” rating to PT Sumberdaya Sewatama with “Stable” outlook 12 Sep, 2017
        PEFINDO changes SSMM’s corporate rating outlook to “Stable”. Ratings of corporate and its debt instruments are maintained at “idBB+” 31 May, 2017
        PEFINDO lowers SSMM’s ratings to “idBB+” and maintains “Credit Watch with Negative Implications” 25 Apr, 2017
        PEFINDO lowers SSMM’s ratings to “idBBB-” and puts “Credit Watch with Negative Implications” 24 Feb, 2017
        PEFINDO affirmed its “idA” rating with a negative outlook for PT Sumberdaya Sewatama 15 Sep, 2016
        PT Sumberdaya Sewatama’s rating outlook is revised to “negative” 16 Jun, 2016
        PEFINDO affirmed “idA” ratings for PT Sumberdaya Sewatama and its Bond and “idA(sy)” for its Sukuk Ijarah 10 Sep, 2015
        PEFINDO affirmed “idA” ratings for PT Sumberdaya Sewatama and its Bond and “idA(sy)” for its Sukuk Ijarah 10 Sep, 2014
        PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah. 03 Sep, 2013
        PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama's proposed Bond and "idA(sy)" rating for its proposed Sukuk Ijarah. 25 Oct, 2012
        PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama. 15 Oct, 2012

        Rating Rationale

         
        PEFINDO has raised the ratings of PT Sumberdaya Sewatama (SSMM) and its Bond I/2012 to “idB+” from “idCCC”, and the rating for its Sukuk Ijarah I/2012 to “idB+(sy)” from “idCCC(sy)”. We also revised the outlook for the corporate rating to “stable” from “n 12 Oct, 2022
        PT Sumberdaya Sewatama rated “idCCC” with “negative” outlook 30 Sep, 2021
        PEFINDO affirms “idCCC” rating to PT Sumberdaya Sewatama with “Negative” outlook 23 Sep, 2020
        PEFINDO changes SSMM’s corporate rating outlook to “Negative” from “CreditWatch with Negative Implication”. Ratings of corporate and its debt instruments are maintained at “idCCC” 10 Jun, 2020
        PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains Credit Watch with Negative Implications 13 Mar, 2020
        PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its bond to “idCCC”, its sukuk to “idCCC(sy)”; outlook revised to “Credit Watch with Negative Implications” 16 Sep, 2019
        PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its bond to “idCCC”, its sukuk to “idCCC(sy)”; outlook revised to “Credit Watch with Negative Implications” 16 Sep, 2019
        PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to “idB+”, Sukuk to “idB+(sy)”, revises outlook to “Negative” 20 Jun, 2019
        PEFINDO lowers the ratings for PT Sumberdaya Sewatama and its Bond and Sukuk to “idBB” 20 Sep, 2018
        PEFINDO affirms “idBB+” rating to PT Sumberdaya Sewatama with “Stable” outlook 25 Sep, 2017
        PEFINDO affirmed its “idA” rating with a negative outlook for PT Sumberdaya Sewatama 11 Oct, 2016
        PT Sumberdaya Sewatama’s rating outlook is revised to “negative” 21 Jun, 2016
        PEFINDO affirmed “idA” ratings for PT Sumberdaya Sewatama and its Bond and “idA(sy)” for its Sukuk Ijarah 01 Oct, 2015
        PEFINDO affirmed “idA” ratings for PT Sumberdaya Sewatama and its Bond and “idA(sy)” for its Sukuk Ijarah 01 Oct, 2014
        PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah 10 Sep, 2013
        PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama 15 Oct, 2012
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