| Jasa Marga (Persero), Tbk. | PEFINDO lowers the ratings for PT Jasa Marga (Persero) Tbk and its bond to “idAA-” | May 29, 2020 |
| Pegadaian (Persero) | PEFINDO assigns “idAAA” rating to Pegadaian’s Shelf Reg. Bond IV/2020 and “idAAA(sy)” to Sukuk I/2020 | May 28, 2020 |
| Reasuransi Syariah Indonesia | PT Reasuransi Syariah Indonesia rated “idA+” with stable outlook | May 28, 2020 |
| Bank Tabungan Pensiunan Nasional Tbk | PEFINDO affirms “idAAA” rating for BTPN | May 28, 2020 |
| Mandiri Tunas Finance | PT Mandiri Tunas Finance rated “idAA+” with stable outlook | May 26, 2020 |
| KIK EBA Mandiri GIAA01 | PEFINDO lowers KIK EBA Mandiri GIAA01 rating to “idA-(sf)(cg)”, CreditWatch with Negative Implication | May 26, 2020 |
| Kereta Api Indonesia (Persero) | PEFINDO revises PT Kereta Api Indonesia (Persero)’s outlook to Negative, affirms rating at “idAAA” | May 20, 2020 |
| Tiphone Mobile Indonesia, Tbk. | PEFINDO revises outlook for PT Tiphone Mobile Indonesia Tbk’s rating to “CreditWatch with Negative Implications” | May 20, 2020 |
| Bank Pembangunan Daerah Sumatera Selatan dan Bangka Belitung | Bank Sumsel Babel rated “idA” with stable outlook | May 19, 2020 |
| PG Rajawali I | PEFINDO affirms “idA-” ratings for PT Pabrik Gula Rajawali I and its MTN | May 12, 2020 |
