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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

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Merdeka Copper Gold Tbk.

(MDKA)

Corporate Rating/Outlook idA+ Stable Updated on 4 Sep 2024

Press Release

To
Release Date Title
29 Jul 2020 PEFINDO assigns "idA" ratings to PT Merdeka Copper Gold Tbk and its proposed bond
14 Oct 2020 PT Merdeka Copper Gold Tbk rated "idA" with stable outlook
8 Jan 2021 PT Merdeka Copper Gold Tbk rated "idA" with stable outlook
29 Mar 2021 PEFINDO assigns "idA" rating for PT Merdeka Copper Gold Tbk's proposed bond
8 Jun 2021 PT Merdeka Copper Gold Tbk's maturing bond rated "idA"
10 Dec 2021 PEFINDO affirmed "idA" rating for PT Merdeka Copper Gold Tbk
26 Jan 2022 PT Merdeka Copper Gold Tbk's maturing bond rated "idA"
7 Mar 2022 PT Merdeka Copper Gold Tbk and its proposed Shelf Registered Bond III rated at "idA"
11 Aug 2022 PEFINDO has raised the ratings of PT Merdeka Copper Gold Tbk's (MDKA) and its Shelf Registered Bond I Year 2020, Shelf Registered Bond II Year 2021, and Shelf Registered Bond III Year 2022 to idA+ from idA
28 Sep 2022 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) and its outstanding bonds
25 Nov 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan II Merdeka Copper Gold Tahap II Tahun 2021 issued by PT Merdeka Copper Gold Tbk based on the full repayment of the debt instrument on November 25, 2022
7 Dec 2022 PEFINDO has assigned its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)'s proposed Shelf Registered Bond IV Year 2022 of maximum IDR15 trillion
15 Mar 2023 With the full repayment of Obligasi Berkelanjutan III Merdeka Copper Gold Tahap I Tahun 2022 Seri A on March 15, 2023, PEFINDO has withdrawn the rating of the debt instrument
31 May 2023 PEFINDO has affirmed its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)’s maturing Shelf Registered Bond I Phase I Year 2020 Series B of IDR726.35 billion due on July 30, 2023.
10 Jul 2023 PEFINDO has affirmed its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)’s maturing Shelf Registered Bond III Phase III Year 2022 Series A
31 Jul 2023 With the full repayment of Obligasi Berkelanjutan I Merdeka Copper Gold Tahap I Tahun 2020 Seri B issued by PT Merdeka Copper Gold Tbk on July 31, 2023, PEFINDO has withdrawn the rating of the debt instrument
8 Sep 2023 With the full repayment of Obligasi Berkelanjutan III Merdeka Copper Gold Tahap III Tahun 2022 Seri A issued by PT Merdeka Copper Gold Tbk on September 8, 2023, PEFINDO has withdrawn the rating of the debt instrument
11 Sep 2023 With the full repayment of Obligasi Berkelanjutan I Merdeka Copper Gold Tahap II Tahun 2020 Seri B issued by PT Merdeka Copper Gold Tbk on September 11, 2023, PEFINDO has withdrawn the rating of the debt instrument
14 Sep 2023 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) and its Shelf-Registered Bond II, Shelf-Registered Bond III, and Shelf-Registered Bond IV
16 Jan 2024 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA)’s maturing Shelf Registered Bond IV Phase II Year 2023 of IDR2,500 billion due on March 15, 2024, and Shelf Registered Bond II Phase I Year 2021 Series B of IDR940.4 billion due on
18 Mar 2024 With the full repayment of Obligasi Berkelanjutan IV Merdeka Copper Gold Tahap II Tahun 2023 on March 15, 2024, PEFINDO has withdrawn the rating of the debt instrument
27 Mar 2024 With the full repayment of Obligasi Berkelanjutan II Merdeka Copper Gold Tahap I Tahun 2021 Seri B on March 26, 2024, issued by PT Merdeka Copper Gold Tbk, PEFINDO has withdrawn the rating of the debt instrument
12 Jun 2024 PT Merdeka Copper Gold Tbk (MDKA)’s debt instrument will mature in the near term: Shelf Registered Bond IV Phase III Year 2023 Series A (IDR1,084.485 billion, rated idA+, due on August 11, 2024)
12 Aug 2024 With the full repayment of Obligasi Berkelanjutan IV Merdeka Copper Gold Tahap III Tahun 2023 Seri A on August 12, 2024, issued by PT Merdeka Copper Gold Tbk, PEFINDO has withdrawn the rating of the debt instrument
4 Sep 2024 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) as well as its outstanding Shelf-Registered Bond III and Shelf-Registered Bond IV.
9 Oct 2024 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) as well as its outstanding Shelf-Registered Bond III and Shelf-Registered Bond IV.
23 Dec 2024 With the full repayment of Obligasi Berkelanjutan IV Merdeka Copper Gold Tahap IV Tahun 2023 Seri A on December 23, 2024, PEFINDO has withdrawn the rating of the debt instrument
23 Dec 2024 PEFINDO has assigned its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)’s proposed Shelf Registered Bond V Year 2024 of a maximum of IDR15 trillion
11 Feb 2025 PT Merdeka Copper Gold Tbk’s following debt instruments will mature in the near term: Shelf Registered Bond IV Phase V Year 2024 Series A (rated idA+) of IDR750 billion will be due on March 2, 2025
3 Mar 2025 PT Merdeka Copper Gold Tbk has fully repaid its Obligasi Berkelanjutan IV Merdeka Copper Gold Tahap V Tahun 2024 Seri A
10 Mar 2025 PT Merdeka Copper Gold Tbk has fully repaid its Obligasi Berkelanjutan III Merdeka Copper Gold Tahap I Tahun 2022 Seri B
28 Apr 2025 PT Merdeka Copper Gold Tbk has fully repaid its Obligasi Berkelanjutan III Merdeka Copper Gold Tahap II Tahun 2022 Seri A
22 Jul 2025 PT Merdeka Copper Gold Tbk (MDKA)’s following debt instruments will mature in the near term: Shelf Registered Bond IV Phase VI Year 2024 Series A (rated idA+) of IDR250 billion will be due on August 7, 2025
7 Aug 2025 PT Merdeka Copper Gold Tbk has fully repaid its Obligasi Berkelanjutan IV Merdeka Copper Gold Tahap VI Tahun 2024 Seri A
1 Sep 2025 PT Merdeka Copper Gold Tbk has fully repaid its Obligasi Berkelanjutan III Merdeka Copper Gold Tahap III Tahun 2022 Seri B

Rating Rationale

To
Release Date Title
29 Jul 2020 PEFINDO assigns "idA" ratings to PT Merdeka Copper Gold Tbk and its proposed bond
14 Oct 2020 PT Merdeka Copper Gold Tbk rated "idA" with stable outlook
29 Mar 2021 PEFINDO assigns "idA" rating for PT Merdeka Copper Gold Tbk's proposed bond
7 Mar 2022 PT Merdeka Copper Gold Tbk and its proposed Shelf Registered Bond III rated at "idA"
11 Aug 2022 PEFINDO has raised the ratings of PT Merdeka Copper Gold Tbk's (MDKA) and its Shelf Registered Bond I Year 2020, Shelf Registered Bond II Year 2021, and Shelf Registered Bond III Year 2022 to idA+ from idA
28 Sep 2022 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) and its outstanding bonds
7 Dec 2022 PEFINDO has assigned its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)'s proposed Shelf Registered Bond IV Year 2022 of maximum IDR15 trillion
6 Oct 2023 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) and its Shelf-Registered Bond II, Shelf-Registered Bond III, and Shelf-Registered Bond IV
27 Sep 2024 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) as well as its outstanding Shelf-Registered Bond III and Shelf-Registered Bond IV.
25 Oct 2024 PEFINDO has affirmed its idA+ ratings to PT Merdeka Copper Gold Tbk (MDKA) as well as its outstanding Shelf-Registered Bond III and Shelf-Registered Bond IV.
23 Dec 2024 PEFINDO has assigned its idA+ rating to PT Merdeka Copper Gold Tbk (MDKA)’s proposed Shelf Registered Bond V Year 2024 of a maximum of IDR15 trillion