Ratings Report

Ratings Report

Peringkat Kredit adalah opini PEFINDO atas kelayakan kredit atas suatu obligor, atau kelayakan kredit obligor terkait suatu surat utang atau kewajiban keuangan lainnya.

Ratings Report

Back to Rating History

Adira Dinamika Multi Finance Tbk.

(ADMF)

Corporate Rating/Outlook idAAA Stable Updated on 8 May 2025

Press Release

To

Release Date Title
1 Mar 2005 PEFINDO upgraded the ratings for PT Adira Dinamika Multi Finance Tbk. from "idA-"
29 Jul 2005 PEFINDO affirmed the ratings of PT Adira Dinamika Multi Finance Tbk. at "idA".
21 Apr 2006 PEFINDO affirmed its "idA" rating for PT Adira Dinamika Multi Finance Tbk. (ADRF or the Company) and the Company's outstanding Bond I/2003 of IDR500 billion.
8 Jun 2007 PEFINDO upgraded its ratings for PT Adira Dinamika Multi Finance Tbk. to "idA+"
3 Mar 2008 PEFINDO upgraded the ratings for PT Adira Dinamika Multi Finance Tbk. and the Company's outstanding Bond from "idA+" to "idAA-".
20 Jun 2008 PEFINDO affirmed its "idAA-" ratings for PT Adira Dinamika Multi Finance Tbk.
23 Mar 2009 PEFINDO affirmed "idAA-" ratings for PT Adira Dinamika Multi Finance Tbk. and the Company's outstanding Bond II/2006 of IDR750 billion.
19 Apr 2010 PEFINDO upgraded the corporate rating of PT Adira Dinamika Multi Finance Tbk to "idAA" from "idAA-".
30 Sep 2010 PEFINDO affirmed the corporate rating of PT Adira Dinamika Multi Finance Tbk at "idAA"
2 Mar 2011 PEFINDO raised the ratings of PT Adira Dinamika Multi Finance Tbk (ADMF or the Company) and also its outstanding bonds to "idAA+" from "idAA".
22 Mar 2011 PEFINDO affirmed the "idAA+" rating to PT Adira Dinamika Multi Finance Tbk's Bond II/2006 Serie C due on June 8, 2011, and Bond III/2009 Serie B due on May 13, 2011.
15 Nov 2011 PEFINDO affirmed its "idAA+" rating to PT Adira Dinamika Multi Finance Tbk.
13 Jan 2012 PEFINDO affirmed its "idAA+" rating to ADMF's bond IV/2010 series A which will fall due on April 29, 2012, Bond III/2009 series C which will fall due on May 13, 2012, and Bond V/2011 series A which will fall due on May 31, 2012
3 Apr 2012 PEFINDO puts Positive Outlook to BDMN and to ADMF, due to the potential improvement in the Bank's and the Company's businesses and financial profiles
2 Jul 2012 PEFINDO affirmed its "idAA+" rating of PT Adira Dinamika Multi Finance Tbk's Bond IV Series B year 2010 which will be due on Oct 29, 2012.
16 Aug 2012 Outlook of PT Adira Dinamika Multi Finance Tbk's Rating remains positive
2 Nov 2012 Adira Dinamika Multi Finance's Rating affirmed at "idAA+" with positive outlook.
14 Nov 2012 PEFINDO's Parent Support Methodology
26 Nov 2012 Adira Dinamika Multi Finance's Rating affirmed at "idAA+" with positive outlook
18 Jan 2013 ADMF's maturing Bonds maintained at "idAA+" rating.
29 Jan 2013 PEFINDO assigned its "idAA+" rating with positive outlook to ADMF's proposed PUB Bond II and Sukuk Mudharabah I
4 Jul 2013 ADMF's maturing Bonds maintained at "idAA+" ratings
15 Aug 2013 Adira's outlook revised back to "stable" from "positive"
11 Sep 2013 ADMF's maturing Bonds maintained at "idAA+" ratings
12 Nov 2013 Adira Dinamika Multi Finance's Rating affirmed at "idAA+"
8 Jan 2014 ADMF's maturing Bonds maintained at "idAA+" ratings
18 Mar 2014 ADMF's maturing Bonds maintained at "idAA+" ratings
27 Aug 2014 ADMF's maturing Bonds maintained at "idAA+" ratings
2 Oct 2014 ADMF's maturing Bonds maintained at "idAA+" ratings
6 Nov 2014 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings raised to "idAAA"
30 Dec 2014 ADMF's maturing Bonds maintained at "idAAA" ratings
27 Feb 2015 ADMF's maturing Bonds maintained at "idAAA" ratings
7 Apr 2015 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings affirmed at "idAAA"
3 Jun 2015 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings affirmed at "idAAA"
23 Jul 2015 ADMF's maturing Bond maintained at "idAAA" rating
17 Sep 2015 ADMF's maturing Bond and Sukuk are maintained at "idAAA" and "idAAA(sy)"
3 Dec 2015 ADMF's maturing Bond and Sukuk are maintained at "idAAA" and "idAAA(sy)"
27 Jan 2016 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings affirmed at "idAAA"
10 May 2016 ADMF's maturing Sukuk maintained at "idAAA(sy)"
23 Jun 2016 ADMF's maturing Bond maintained at "idAAA"
15 Aug 2016 ADMF's maturing Bond maintained at "idAAA"
8 Nov 2016 ADMF's maturing Bond maintained at "idAAA"
12 Jan 2017 PEFINDO affirms "idAAA" rating for PT Adira Dinamika Multi Finance Tbk
3 May 2017 ADMF's maturing Bond maintained at "idAAA"
7 Jul 2017 Ratings of ADMF's maturing Bond and Sukuk are maintained at "idAAA" and "idAAA(sy)"
14 Aug 2017 Ratings of ADMF's maturing Bond is maintained at "idAAA"
18 Sep 2017 PEFINDO affirms "idAAA" rating for PT Adira Dinamika Multi Finance Tbk
2 Nov 2017 PEFINDO assigns "idAAA" rating for PT Adira Dinamika Multi Finance Tbk's Bond and "idAAA(sy)" rating for its Sukuk
4 Jan 2018 Adira Dinamika Multi Finance rated "idAAA" with stable outlook
9 May 2018 Ratings of ADMF's maturing Bond is maintained at "idAAA"
27 Jul 2018 Ratings of ADMF's maturing Bonds are maintained at "idAAA"
2 Nov 2018 Ratings of ADMF's maturing Bonds and Sukuk are maintained at "idAAA" and "idAAA(sy)"
8 Jan 2019 PEFINDO affirms its "idAAA" rating for Adira Finance
27 Mar 2019 Rating of Adira Finance's maturing Bond is affirmed at "idAAA"
28 May 2019 Ratings of Adira Finance's maturing bonds and sukuk are affirmed at "idAAA" and "idAAA(sy)"
27 Aug 2019 Rating of Adira Finance's maturing bond is affirmed at "idAAA"
29 Nov 2019 Ratings of Adira Finance's maturing bonds and sukuk are affirmed at "idAAA" and "idAAA(sy)"
8 Jan 2020 PEFINDO affirms "idAAA" rating for Adira Finance
26 Feb 2020 Ratings of Adira Finance's maturing bonds and sukuk are affirmed at "idAAA" and "idAAA(sy)"
8 Apr 2020 PEFINDO affirms "idAAA" rating for Adira Finance
16 Jun 2020 Ratings of Adira Finance's maturing bonds are affirmed at "idAAA"
1 Jul 2020 Adira Finance's Shelf Registration Bond V rated "idAAA" and Shelf Registration Sukuk Mudharabah IV rated "idAAA(sy)"
14 Aug 2020 Rating of Adira Finance's maturing bond is affirmed at "idAAA"
7 Oct 2020 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
15 Dec 2020 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
14 Jan 2021 PEFINDO affirms "idAAA" rating for Adira Finance
17 May 2021 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
24 Nov 2021 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
10 Jan 2022 PEFINDO affirms "idAAA" rating for Adira Finance
15 Feb 2022 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
18 May 2022 Ratings of Adira Finance's maturing bond and sukuk are affirmed at "idAAA" and "idAAA(sy)"
14 Jul 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan III Adira Finance Tahap VI Tahun 2017 Seri C based on the full repayment of the debt instrument
3 Aug 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan V Adira Finance Tahap II Tahun and Sukuk Mudharabah Berkelanjutan IV Adira Finance based on the full repayment of the debt instrument
5 Aug 2022 PEFINDO has affirmed its "idAAA" rating for PT Adira Dinamika Multi Finance (Adira Finance)'s PUB Bond IV/2017 Phase VI/2019 Series B of IDR703 billion, which is maturing on October 4, 2022
18 Aug 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan IV Adira Finance Tahap III Tahun 2018 Seri D based on the full repayment of the debt instrument
4 Oct 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan IV Adira Finance Tahap VI Tahun 2019 Seri B based on the full repayment of the debt instrument
13 Oct 2022 PEFINDO has affirmed its "idAAA" rating for PT Adira Dinamika Multi Finance (Adira Finance) Shelf Registration Bond IV Phase I Year 2017 Series C and "idAAA(sy)" rating for Adira Finance's Shelf Registration Sukuk Mudharabah III Phase I Year 201
12 Dec 2022 PEFINDO has withdrawn the ratings of Obligasi Berkelanjutan IV Adira Finance Tahap I Tahun 2017 Seri C and Sukuk Mudharabah Berkelanjutan III Adira Finance Tahap I Tahun 2017 Seri C based on the full repayment of the debt instrument
4 Jan 2023 PEFINDO has affirmed its "idAAA" ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance)
21 Mar 2023 With the full repayment of Obligasi Berkelanjutan IV Adira Finance Tahap II Tahun 2018 Seri D and Sukuk Mudharabah Berkelanjutan III Adira Finance Tahap II Tahun 2018 Seri C on March 21, 2023, PEFINDO has withdrawn the ratings of the debt instruments
29 Mar 2023 PEFINDO has affirmed its “idAAA” ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance)
3 Apr 2023 With the full repayment of Obligasi Berkelanjutan V Adira Finance Tahap III Tahun 2022 Seri A and Sukuk Mudharabah Berkelanjutan IV Adira Finance Tahap III Tahun 2022 Seri A on April 3, 2023, PEFINDO has withdrawn the ratings of the debt instruments
24 May 2023 PEFINDO has affirmed its “idAAA” rating for PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s maturing Shelf Registration Bond IV Phase III Year 2018 Series E of IDR460.75 billion due on August 16, 2023
5 Jul 2023 PEFINDO has assigned its “idAAA” rating to PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s proposed Shelf Registration Bond VI of a maximum IDR9 trillion and proposed Shelf Registration Sukuk Mudharabah V of a maximum IDR1 trillion
7 Jul 2023 With the full repayment of Obligasi Berkelanjutan V Adira Finance Tahap I Tahun 2020 Seri B on July 7, 2023, PEFINDO has withdrawn the rating of the debt instrument
16 Aug 2023 With the full repayment of Obligasi Berkelanjutan IV Adira Finance Tahap III Tahun 2018 Seri E issued by PT Adira Dinamika Multi Finance Tbk on August 16, 2023, PEFINDO has withdrawn the rating of the debt instrument
17 Nov 2023 PEFINDO has affirmed its “idAAA” rating for PT Adira Dinamika Multi Finance (Adira Finance)’s Shelf Registration Bond IV Phase IV Year 2019 Series C (IDR328.0 billion), and “idAAA(sy)” rating for Adira Finance’s Shelf Registration Sukuk Mudharabah III Pha
24 Jan 2024 With the full repayment of Obligasi Berkelanjutan IV Adira Finance Tahap IV Tahun 2019 Seri C and Sukuk Mudharabah Berkelanjutan III Adira Finance Tahap III Tahun 2019 Seri C issued by PT Adira Dinamika Multi Finance Tbk on January 23, 2024
15 Feb 2024 PEFINDO has affirmed its “idAAA” rating for PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s Shelf Registration Bond IV Phase V Year 2019 Series C (IDR607.8 billion), and “idAAA(sy)” rating for its Shelf Registration Sukuk Mudharabah III Phase IV Yea
5 Mar 2024 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds
16 Apr 2024 With the full repayment of Obligasi Berkelanjutan IV Adira Finance Tahap V Tahun 2019 Seri C and Sukuk Mudharabah Berkelanjutan III Adira Finance Tahap IV Tahun 2019 Seri C on April 16, 2024, issued by PT Adira Dinamika Multi Finance Tbk, PEFINDO has with
14 May 2024 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s following debt instruments will mature in the near term: Shelf Registration Bond VI Phase I Year 2023 Series A (rated idAAA) of IDR405.0 billion maturing on July 17, 2024
26 Jun 2024 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s following debt instrument will mature in the near term: Shelf Registration Bond IV Phase VI Year 2019 Series C (rated idAAA) of IDR190.0 billion maturing on October 4, 2024
17 Jul 2024 With the full repayment of Obligasi Berkelanjutan VI Adira Finance Tahap 1 Tahun 2023 Seri A and Sukuk Mudharabah Berkelanjutan V Adira Finance Tahap I Tahun 2023 Seri A on July 17, 2024, issued by PT Adira Dinamika Multi Finance Tbk, PEFINDO has withdraw
23 Jul 2024 With the full repayment of Obligasi Berkelanjutan V Adira Finance Tahap II Tahun 2021 Seri B and Sukuk Mudharabah Berkelanjutan IV Adira Finance Tahap II Tahun 2021 Seri B on July 23, 2024, issued by PT Adira Dinamika Multi Finance Tbk, PEFINDO has withdr
9 Aug 2024 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s following debt instruments will mature in the near term: Shelf Registration Bond VI Phase II Year 2023 Series A (rated idAAA) of IDR834.4 billion maturing on November 19, 2024
4 Oct 2024 With the full repayment of Obligasi Berkelanjutan IV Adira Finance Tahap VI Tahun 2019 Seri C on October 4, 2024, issued by PT Adira Dinamika Multi Finance Tbk, PEFINDO has withdrawn the rating of the debt instrument
19 Nov 2024 With the full repayment of Obligasi Berkelanjutan VI Adira Finance Tahap II Tahun 2023 Seri A and Sukuk Mudharabah Berkelanjutan V Adira Finance Tahap II Tahun 2023 Seri A on November 19, 2024, issued by PT Adira Dinamika Multi Finance Tbk, PEFINDO has wi
17 Dec 2024 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s following debt instruments will mature in the near term: Shelf Registration Bond V Phase III Year 2022 Series B (rated idAAA) of IDR830.0 billion maturing on March 22, 2025
11 Feb 2025 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s following debt instruments will mature on May 13, 2025: Shelf Registered Sukuk Mudharabah V Phase III Year 2024 Serie A (rated idAAA(sy)) of IDR339.0 billion
6 Mar 2025 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds
24 Mar 2025 PT Adira Dinamika Multi Finance Tbk has fully repaid Obligasi Berkelanjutan V Adira Finance Tahap III Tahun 2022 Seri B & Sukuk Mudharabah Berkelanjutan IV Adira Finance Tahap III Tahun 2022 Seri B
8 May 2025 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds, following the announced merger plan with PT Mandala Multifinance Tbk (Mandala Finance)
14 May 2025 PT Adira Dinamika Multi Finance Tbk has fully repaid the following debt instruments Obligasi Berkelanjutan VI Adira Finance Tahap III Tahun 2024 Seri A and Sukuk Mudharabah Berkelanjutan V Adira Finance Tahap III Tahun 2024 Seri A
3 Jul 2025 PEFINDO has assigned its idAAA rating to PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s proposed Shelf Registration Bond VII of a maximum IDR8 trillion and its idAAA(sy) rating to the proposed Shelf Registration Sukuk Mudharabah VI of a maximum IDR
15 Jul 2025 PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s Shelf Registered Bond VI Phase IV Year 2024 Serie A (rated idAAA) of IDR785.0 billion will be due on October 20, 2025

Rating Rationale

To

Release Date Title
29 Jul 2005 PEFINDO affirmed the ratings of PT Adira Dinamika Multi Finance Tbk. (ADRF or the Company) at "idA"
21 Apr 2006 PEFINDO affirmed its "idA" rating for PT Adira Dinamika Multi Finance Tbk. (ADRF or the Company) and the Company's outstanding Bond I/2003 of IDR500 billion.
8 Jun 2007 PEFINDO upgraded its ratings for PT Adira Dinamika Multi Finance Tbk. (ADMF or the Company)
20 Jun 2008 PEFINDO affirmed its "idAA-" ratings for PT Adira Dinamika Multi Finance Tbk. (ADMF or the Company)
23 Mar 2009 PEFINDO affirmed "idAA-" ratings for PT Adira Dinamika Multi Finance Tbk. (ADMF or the Company)
19 Apr 2010 PEFINDO upgraded the corporate rating of PT Adira Dinamika Multi Finance Tbk (ADMF or the Company)
2 Mar 2011 PEFINDO raised the ratings of PT Adira Dinamika Multi Finance Tbk (ADMF or the Company)
30 Apr 2012 PEFINDO puts Positive Outlook to ADMF, the automotive financing subsidiary of BDMN, due to the potential improvement in the Company's business and financial profiles
29 Jan 2013 PEFINDO assigned its "idAA+" rating with positive outlook to ADMF's proposed PUB Bond II and Sukuk Mudharabah I
3 Sep 2013 Adira's outlook revised back to "stable" from "positive"
12 Nov 2013 Adira Dinamika Multi Finance's Rating affirmed at "idAA+"
6 Nov 2014 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings raised to "idAAA"
7 Apr 2015 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings affirmed at "idAAA"
3 Jun 2015 Adira Dinamika Multi Finance Tbk's corporate and bonds ratings affirmed at "idAAA"
12 Jan 2017 PEFINDO affirms "idAAA" rating for PT Adira Dinamika Multi Finance Tbk
2 Nov 2017 PEFINDO assigns "idAAA" rating for PT Adira Dinamika Multi Finance Tbk's Bond and "idAAA(sy)" rating for its Sukuk
4 Jan 2018 Adira Dinamika Multi Finance rated "idAAA" with stable outlook
8 Jan 2019 PEFINDO affirms its "idAAA" rating for Adira Finance
1 Jul 2020 Adira Finance's Shelf Registration Bond V rated "idAAA" and Shelf Registration Sukuk Mudharabah IV rated "idAAA(sy)"
10 Jan 2022 PEFINDO affirms "idAAA" rating for Adira Finance
4 Jan 2023 PEFINDO has affirmed its "idAAA" ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance)
29 Mar 2023 PEFINDO has affirmed its “idAAA” ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance)
5 Jul 2023 PEFINDO has assigned its “idAAA” rating to PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s proposed Shelf Registration Bond VI of a maximum IDR9 trillion and proposed Shelf Registration Sukuk Mudharabah V of a maximum IDR1 trillion
21 Mar 2024 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds
20 Mar 2025 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds
22 May 2025 PEFINDO has affirmed its idAAA ratings for PT Adira Dinamika Multi Finance Tbk (Adira Finance) and its outstanding Shelf Registration (SR) Bonds, following the announced merger plan with PT Mandala Multifinance Tbk (Mandala Finance)
3 Jul 2025 PEFINDO has assigned its idAAA rating to PT Adira Dinamika Multi Finance Tbk (Adira Finance)’s proposed Shelf Registration Bond VII of a maximum IDR8 trillion and its idAAA(sy) rating to the proposed Shelf Registration Sukuk Mudharabah VI of a maximum IDR