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

Medco Energi Internasional Tbk.

(MEDC)

Corporate Rating/Outlook idAA- Stable Updated on 4 Apr 2024

Press Release

To

Release Date Title
28 Jun 2005 PEFINDO affirmed "idAA-" ratings for PT Medco Energi Internasional Tbk .
17 Jul 2006 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company) and the Company's Bonds I/2004 of IDR1.35 trillion.
11 Jul 2007 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk and the Company's Bonds I/2004 of IDR1.35 trillion.
3 Feb 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk.
19 May 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk and the Company's Bonds I/2004 of IDR1.35 trillion due in July 2009.
17 Dec 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk.
9 Jun 2010 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk.
25 Oct 2010 PEFINDO placed the rating of PT Medco Energi Internasional Tbk on "Creditwatch with developing implications" following the acquisition plan of Encore Energy Pte Ltd (EEPL), the ultimate shareholder of MEDC, by PT Pertamina (PTMA), the largest oil and gas
10 Dec 2010 PEFINDO removed "Creditwatch with developing implications" from the rating of PT Medco Energi Internasional Tbk following the cancelation of acquisition plan on Encore Energy Pte Ltd (EEPL), the ultimate shareholder of MEDC, by PT Pertamina (PTMA)
7 Mar 2011 PEFINDO views that the crisis in Libya has no immediate impact to the ratings of PT Medco Energi Internasional Tbk and its bond and MTNs.
6 May 2011 PEFINDO affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk.
27 Sep 2011 PEFINDO affirmed "idAA-" rating for PT Medco Energi Internasional Tbk's MTN I Seri A Year 2009 that will mature on December 23, 2011.
16 Nov 2011 PEFINDO affirmed "idAA-" ratings for MTN Medco Year 2010
15 Mar 2012 PEFINDO affirmed "idAA-" rating for Bond II Year 2009 Tranche A issued by PT Medco Energi Internasional Tbk that will mature on June 17, 2012.
4 Apr 2012 PEFINDO affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk, and its Shelf Registered Bond I/2011.
23 May 2012 PEFINDO assigned "idAA-" ratings for PT Medco Energi Internasional Tbk, its proposed Bond III/2012 up to IDR1.5 trillion.
13 Jul 2012 PEFINDO re-affirmed its "idAA-" ratings for Medco Energi Internasional's Shelf Registered Bond I/2011 up to USD 150 million includes Medco Energi International Shelf Registered Bond I/2011 phase 3 up to USD 20 million.
26 Sep 2012 Medco Ready to Pay MTN in December.
9 Oct 2012 Medco's Ratings Affirmed at "idAA".
21 Dec 2012 Medco's Ratings Assigned at "idAA-".
9 Oct 2013 Medco's Ratings Affirmed at "idAA-"
14 Apr 2014 Medco Ready to Pay Bond II/2009 Series B in June
10 Oct 2014 Medco's Ratings Affirmed at "idAA-"
22 Jun 2015 Medco's ratings affirmed at "idAA-", outlook revised to negative
12 Oct 2015 Medco's ratings revised to "idA+"/stable outlook
26 Apr 2016 Medco's ratings affirmed at "idA+", with a negative outlook
1 Jul 2016 Medco's shelf registration bond II rating assigned at "idA+", with a negative outlook
9 Sep 2016 PEFINDO affirmed its "idA+" rating with a negative outlook for PT Medco Energi Internasional Tbk
3 Nov 2016 PEFINDO affirms its "idA+" rating with a negative outlook for PT Medco Energi Internasional Tbk
17 Nov 2016 PEFINDO assigns its "idA+" rating for proposed USD145 million MTN PT Medco Energi Internasional Tbk
29 May 2017 PEFINDO affirms "idA+" ratings for PT Medco Energi Internasional Tbk's maturing bonds
8 Nov 2017 PEFINDO affirms its "idA+" rating and revises the outlook to stable for PT Medco Energi Internasional Tbk
31 Jan 2018 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk
12 Apr 2018 PEFINDO assigns "idA+" rating for PT Medco Energi Internasional Tbk's Shelf Registration Bond III
26 Apr 2018 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk's maturing bond
15 Jan 2019 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk
12 Feb 2019 PEFINDO views no immediate impact on MEDC's rating in relation to MEDC's plan to acquire Ophir
15 May 2019 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk's maturing bond
2 Aug 2019 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk's maturing bond
11 Oct 2019 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk's maturing bond and MTN
16 Jan 2020 PEFINDO affirms "idA+" ratings for PT Medco Energi Internasional Tbk and its bonds
7 Feb 2020 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk's maturing bond
20 May 2020 PEFINDO affirms "idA+" ratings for PT Medco Energi Internasional Tbk and its bonds, revises outlook to negative
13 Jan 2021 PT Medco Energi Internasional Tbk rated "idA+", outlook revised to stable
26 Jan 2021 Rating for PT Medco Energi Internasional Tbk's maturing bond affirmed at "idA+"
21 Jun 2021 PT Medco Energi Internasional Tbk rated "idA+" with stable outlook
2 Sep 2021 PT Medco Energi Internasional Tbk's proposed Shelf Registration Bond IV rated "idA+"
25 Oct 2021 PT Medco Energi Internasional Tbk's maturing bond rated "idA+"
24 Dec 2021 PT Medco Energi Internasional Tbk's outlook revised to positive following acquisition plan
25 Feb 2022 Rating for PT Medco Energi Internasional Tbk's maturing bond affirmed at "idA+"
24 Mar 2022 Rating for PT Medco Energi Internasional Tbk's maturing bond affirmed at "idA+"
13 Jun 2022 PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds ratings raised to idAA- with stable outlook.
14 Dec 2022 PEFINDO has affirmed its idAA- rating for PT Medco Energi Internasional Tbk's (MEDC) Shelf-Registered Bond III Phase I Year 2018 Seri B of IDR217.5 billion due on March 29, 2023
2 Jan 2023 PEFINDO has affirmed its idAA- rating for PT Medco Energi Internasional Tbk's (MEDC) Shelf-Registered Bond III Phase III Year 2020 Seri A of IDR1,023.7 billion due on February 20, 2023
20 Feb 2023 With the full repayment of Obligasi Berkelanjutan III Medco Energi Internasional Tahap III Tahun 2020 Seri A issued by PT Medco Energi Internasional Tbk on February 20, 2023, PEFINDO has withdrawn the rating of the debt instrument.
29 Mar 2023 With the full repayment of Obligasi Berkelanjutan III Medco Energi Internasional Tahap I Tahun 2018 Seri B on March 29, 2023, PEFINDO has withdrawn the rating of the debt instrument
10 Apr 2023 PEFINDO has affirmed its idAA- ratings to PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds
20 Jun 2023 PEFINDO has assigned its idAA- rating to PT Medco Energi Internasional Tbk (MEDC)’s proposed Shelf-Registered Bond V of a maximum of IDR5.0 trillion
24 Jul 2023 PEFINDO has affirmed its idAA- rating for PT Medco Energi Internasional Tbk’s (MEDC) Shelf-Registered Bond III Phase II Year 2018 Seri B of IDR47.5 billion due on September 28, 2023
29 Sep 2023 With the full repayment of Obligasi Berkelanjutan III Medco Energi International Tahap II Tahun 2018 Seri B issued by PT Medco Energi Internasional Tbk on September 29, 2023, PEFINDO has withdrawn the rating of the debt instrument
18 Oct 2023 PEFINDO has affirmed its idAA- rating for PT Medco Energi Internasional Tbk’s (MEDC) Shelf-Registered Bond II Phase III Year 2016 Seri C of IDR23.0 billion due on December 21, 2023
21 Dec 2023 With the full repayment of Obligasi Berkelanjutan II Medco Energi Internasional Tahap III Tahun 2016 Seri C on December 21, 2023, PEFINDO has withdrawn the rating of the debt instrument
28 Dec 2023 PEFINDO has affirmed its idAA- rating for PT Medco Energi Internasional Tbk’s (MEDC) Shelf-Registered Bond II Phase IV Year 2017 Seri C of IDR7.0 billion due on March 30, 2024
2 Apr 2024 With the full repayment of Obligasi Berkelanjutan II Medco Energi Internasional Tahap IV Tahun 2017 Seri C on April 1, 2024, PEFINDO has withdrawn the rating of the debt instrument
4 Apr 2024 PEFINDO has affirmed its idAA- ratings to PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds
3 Jun 2024 PT Medco Energi Internasional Tbk (MEDC)’s Shelf-Registered Bond IV Phase I Seri A Year 2021 (rated idAA-) of IDR400.0 billion will be due on September 9, 2024
20 Aug 2024 PT Medco Energi Internasional Tbk (MEDC)’s Shelf-Registered Bond IV Phase II Seri A Year 2021 (rated idAA-) of IDR941.8 billion will be due on November 23, 2024
9 Sep 2024 With the full repayment of Obligasi Berkelanjutan IV Medco Energi Internasional Tahap I Tahun 2021 Seri A on September 9, 2024, PEFINDO has withdrawn the rating of the debt instrument
21 Nov 2024 PT Medco Energi Internasional Tbk (MEDC)’s debt instrument will mature in the near term: Shelf-Registered Bond III Phase III Seri B Year 2020 (rated idAA-) of IDR476.3 billion will be due on February 20, 2025
25 Nov 2024 With the full repayment of Obligasi Berkelanjutan IV Medco Energi Internasional Tahap II Tahun 2021 Seri A on November 25, 2024, issued by PT Medco Energi Internasional Tbk, PEFINDO has withdrawn the rating of the debt instrument

Rating Rationale

To

Release Date Title
28 Jun 2005 PEFINDO affirmed "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company) and its Bonds I/2004 of IDR1.35 trillion.
11 Jul 2007 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
3 Feb 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
19 May 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
17 Dec 2009 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
9 Jun 2010 PEFINDO re-affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
6 May 2011 PEFINDO affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
23 May 2012 PEFINDO affirmed its "idAA-" ratings for PT Medco Energi Internasional Tbk (MEDC or the Company)
13 Jul 2012 PEFINDO re-affirmed its "idAA-" ratings for Medco Energi Internasional's Shelf Registered Medco Energi International Bond I/2011 up to USD150 million to be used for refinancing and general purposes includes Medco Energi International Bond I/2011
6 Dec 2012 Medco's Ratings Affirmed at "idAA"
9 Oct 2013 Medco's Ratings Affirmed at "idAA-"
22 Jun 2015 Medco's ratings affirmed at "idAA-", outlook revised to negative
12 Oct 2015 Medco's ratings revised to "idA+"/stable outlook
26 Apr 2016 Medco's ratings affirmed at "idA+", with a negative outlook
1 Jul 2016 Medco's shelf registration bond II rating assigned at "idA+", with a negative outlook
9 Sep 2016 PEFINDO affirmed its "idA+" rating with a negative outlook for PT Medco Energi Internasional Tbk
17 Nov 2016 PEFINDO assigns its "idA+" rating for proposed USD145 million MTN PT Medco Energi Internasional Tbk
8 Nov 2017 PEFINDO affirms its "idA+" rating and revises the outlook to stable for PT Medco Energi Internasional Tbk
31 Jan 2018 PEFINDO affirms "idA+" rating for PT Medco Energi Internasional Tbk
1 Mar 2019 PEFINDO views no immediate impact on MEDC's rating from plan to acquire Ophir
16 Jan 2020 PEFINDO affirms "idA+" ratings for PT Medco Energi Internasional Tbk and its bonds
20 May 2020 PEFINDO affirms "idA+" ratings for PT Medco Energi Internasional Tbk and its bonds, revises outlook to negative
13 Jan 2021 PT Medco Energi Internasional Tbk rated "idA+", outlook revised to stable
21 Jun 2021 PT Medco Energi Internasional Tbk rated "idA+" with stable outlook
21 Jan 2022 PT Medco Energi Internasional Tbk's rating outlook revised to positive following acquisition plan
28 Jun 2022 PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds ratings raised to idAA- with stable outlook
10 Apr 2023 PEFINDO has affirmed its idAA- ratings to PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds
20 Jun 2023 PEFINDO has assigned its idAA- rating to PT Medco Energi Internasional Tbk (MEDC)’s proposed Shelf-Registered Bond V of a maximum of IDR5.0 trillion
26 Apr 2024 PEFINDO has affirmed its idAA- ratings to PT Medco Energi Internasional Tbk (MEDC) and its outstanding bonds