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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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Lontar Papyrus Pulp & Paper Industry

(LPPI)

Corporate Rating/Outlook idA Stable Updated on 20 Aug 2025

Press Release

To
Release Date Title
13 Jul 2018 PEFINDO menaikkan peringkat PT Lontar Papyrus Pulp and Paper Industry menjadi "idA+", outlook "stabil"
18 Sep 2018 PEFINDO raises rating of PT Lontar Papyrus Pulp and Paper Industry to "idA+", outlook "stable"
12 Jul 2019 PEFINDO affirms "idA+" ratings of PT Lontar Papyrus Pulp & Paper Industry and its MTN, "idA+(sy)" rating of Sukuk, but outlook revised to "negative"
22 Oct 2019 PEFINDO affirms "idA+" rating to PT Lontar Papyrus Pulp & Paper Industry's maturing MTN
6 Jul 2020 PEFINDO lowers PT Lontar Papyrus Pulp & Paper Industry's rating to "idA", and outlook revised to "stable"
24 Aug 2020 PT Lontar Papyrus Pulp & Paper Industry's maturing MTN rated "idA"
13 Jul 2021 PT Lontar Papyrus Pulp & Paper Industry rated "idA" with stable outlook
12 Aug 2021 PT Lontar Papyrus Pulp & Paper Industry maturing sukuk rated "idA(sy)"
24 Sep 2021 PT Lontar Papyrus Pulp & Paper Industry rated "idA" with stable outlook
21 Jan 2022 PT Lontar Papyrus Pulp & Paper Industry's proposed Shelf Registered Bond rated "idA"
9 Sep 2022 PEFINDO has affirmed its "idA" ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its "idA(sy)" rating for Sukuk Mudharabah I Year 2018
12 Jan 2023 PEFINDO has affirmed its "idA" ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its "idA(sy)" rating for Sukuk Mudharabah I Year 2018
6 Feb 2023 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap I Tahun 2021 Seri A based on the full repayment of the debt instrument
24 Feb 2023 PEFINDO has affirmed its "idA" rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)'s Shelf Registered Bond I/2022 Phase II Serie A of IDR519.03 billion
30 Mar 2023 PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018
2 May 2023 With the full repayment of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap II Tahun 2022 Seri A on May 2, 2023, PEFINDO has withdrawn the rating of the debt instrument
4 Jul 2023 PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered (SR) Bond II Year 2023 with maximum amount of IDR7 trillion
13 Jul 2023 PEFINDO has affirmed its “idA” rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond I/2022 Phase III Serie A of IDR281.89 billion due on September 11, 2023.
10 Aug 2023 PEFINDO has affirmed its “idA(sy)” rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Sukuk Mudharabah Year 2018 Series B of IDR2 trillion due on October 10, 2023
11 Sep 2023 With the full repayment of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap III Tahun 2022 Seri A issued by PT Lontar Papyrus Pulp & Paper Industry on September 11, 2023, PEFINDO has withdrawn the rating of the debt instrument
10 Oct 2023 With the full repayment of Sukuk Mudharabah Lontar Papyrus Pulp & Paper Industry I Tahun 2018 Seri B issued by PT Lontar Papyrus Pulp & Paper Industry on October 10, 2023, PEFINDO has withdrawn the rating of the debt instrument
10 Jan 2024 PEFINDO has affirmed its idA ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its outstanding bonds
20 Jun 2024 PT Lontar Papyrus Pulp & Paper Industry (LPPI) rated idA with stable outlook
13 Sep 2024 PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond II Phase II Year 2023 Series A of IDR85.74 billion (rated idA) will mature on October 16, 2024
4 Oct 2024 PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond III Year 2024 of IDR1.25 trillion and idA(sy) rating for LPPI’s Shelf Registered Sukuk Mudharabah I Year 2024 of IDR1.25 trillion
16 Oct 2024 With the full repayment of Obligasi Berkelanjutan II Lontar Papyrus Pulp & Paper Industry Tahap II Tahun 2023 Seri A on October 16, 2024, issued by PT Lontar Papyrus Pulp & Paper Industry, PEFINDO has withdrawn the rating of the debt instrument
31 Oct 2024 PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond I Phase I Year 2021 Series B of IDR895.48 billion (rated idA) will mature on January 26, 2025
30 Jan 2025 With the full repayment of Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap I Tahun 2021 Seri B on January 30, 2025, issued by PT Lontar Papyrus Pulp & Paper Industry, PEFINDO has withdrawn the rating of the debt instrument
17 Feb 2025 PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s following debt instruments will mature in the near term: Shelf Registered Bond II Phase III Year 2024 Series A of IDR612.4 billion (rated idA) will mature on April 7, 2025.
8 Apr 2025 PT Lontar Papyrus Pulp & Paper Industry has fully repaid its Obligasi Berkelanjutan II Lontar Papyrus Pulp & Paper Industry Tahap III Tahun 2024 Seri A
14 Apr 2025 PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond II Phase IV Year 2024 Series A of IDR64.26 billion (rated idA) will mature on June 15, 2025
22 Apr 2025 PT Lontar Papyrus Pulp & Paper Industry has fully repaid its Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap II Tahun 2022 Seri B
12 Jun 2025 PT Lontar Papyrus Pulp & Paper Industry rated idA with stable outlook
16 Jun 2025 PT Lontar Papyrus Pulp & Paper Industry has fully repaid its Obligasi Berkelanjutan II Lontar Papyrus Pulp & Paper Industry Tahap IV Tahun 2024 Seri A
7 Aug 2025 PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond I Phase III Year 2022 Series B of IDR702.46 billion (rated idA) will mature on September 1, 2025
20 Aug 2025 PT Lontar Papyrus Pulp & Paper Industry (LPPI) rated idA with stable outlook
1 Sep 2025 PT Lontar Papyrus Pulp & Paper Industry has fully repaid its Obligasi Berkelanjutan I Lontar Papyrus Pulp & Paper Industry Tahap III Tahun 2022 Seri B

Rating Rationale

To
Release Date Title
18 Sep 2018 PEFINDO raises rating of PT Lontar Papyrus Pulp and Paper Industry to "idA+", outlook "stable"
12 Jul 2019 PEFINDO affirms "idA+" ratings of PT Lontar Papyrus Pulp & Paper Industry and its MTN, "idA+(sy)" rating of Sukuk, but outlook revised to "negative"
6 Jul 2020 PEFINDO lowers PT Lontar Papyrus Pulp & Paper Industry's rating to "idA", and outlook revised to "stable"
13 Jul 2021 PT Lontar Papyrus Pulp & Paper Industry rated "idA" with stable outlook
21 Jan 2022 PT Lontar Papyrus Pulp & Paper Industry's proposed Shelf Registered Bond rated "idA"
9 Sep 2022 PEFINDO has affirmed its "idA" ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its "idA(sy)" rating for Sukuk Mudharabah I Year 2018
9 Feb 2023 PEFINDO has affirmed its "idA" ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its "idA(sy)" rating for Sukuk Mudharabah I Year 2018
30 Mar 2023 PEFINDO has affirmed its “idA” ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its Shelf Registered Bond I Year 2021, as well as its “idA(sy)” rating for Sukuk Mudharabah I Year 2018
4 Jul 2023 PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered (SR) Bond II Year 2023 with maximum amount of IDR7 trillion
5 Feb 2024 PEFINDO has affirmed its idA ratings to PT Lontar Papyrus Pulp & Paper Industry (LPPI) and its outstanding bonds
5 Jul 2024 PT Lontar Papyrus Pulp & Paper Industry (LPPI) rated idA with stable outlook
4 Oct 2024 PEFINDO has assigned its idA rating to PT Lontar Papyrus Pulp & Paper Industry (LPPI)’s Shelf Registered Bond III Year 2024 of IDR1.25 trillion and idA(sy) rating for LPPI’s Shelf Registered Sukuk Mudharabah I Year 2024 of IDR1.25 trillion
26 Jun 2025 PT Lontar Papyrus Pulp & Paper Industry rated idA with stable outlook
28 Aug 2025 PT Lontar Papyrus Pulp & Paper Industry (LPPI) rated idA with stable outlook