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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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Medco Power Indonesia

(MEDP)

Corporate Rating/Outlook idA Stable Updated on 21 Apr 2025

Press Release

To
Release Date Title
22 May 2018 PEFINDO assigns "idA" ratings to PT Medco Power Indonesia
18 Mar 2019 PEFINDO affirms "idA" ratings for PT Medco Power Indonesia and its bonds
24 May 2019 PEFINDO assigns "idA(sy)" rating for PT Medco Power Indonesia's Sukuk Wakalah II/2019
3 Mar 2020 PEFINDO affirms "idA" ratings for PT Medco Power Indonesia and its bonds, "idA(sy)" rating for Sukuk
3 Mar 2021 PT Medco Power Indonesia rated "idA" with stable outlook
26 Apr 2021 PT Medco Power Indonesia's maturing bond and sukuk affirms at "idA" and "idA(sy)"
11 Mar 2022 PT Medco Power Indonesia rated "idA" with stable outlook
27 May 2022 PT Medco Power Indonesia rated "idA" with stable outlook
3 Aug 2022 PEFINDO has affirmed its "idA" rating for PT Medco Power Indonesia (MEDP) and assigned its "idA(sy)" rating for MEDP's proposed Shelf-Registered Sukuk Wakalah I Year 2022 of maximum IDR3 trillion
5 May 2023 PEFINDO has affirmed its idA rating for PT Medco Power Indonesia (MEDP)’s Bond I Seri B Year 2018 of IDR63.0 billion and its idA(sy) rating for MEDP’s Sukuk Wakalah I Seri B Year 2018 of IDR404.0 billion
11 May 2023 PEFINDO has affirmed its “idA” ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, and “idA(sy)” ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
4 Jul 2023 With the full repayment of Obligasi Medco Power Indonesia I Tahun 2018 Seri B and Sukuk Wakalah Medco Power Indonesia I Tahun 2018 Seri B on July 4, 2023, PEFINDO has withdrawn the ratings of the debt instruments
18 Mar 2024 PEFINDO has affirmed its idA(sy) rating for PT Medco Power Indonesia (MEDP)’s Sukuk Wakalah II Seri B Year 2019 of IDR7.0 billion that will be due on May 23, 2024
13 May 2024 PEFINDO has affirmed its idA ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, as well as its idA(sy) ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
28 May 2024 With the full repayment of Sukuk Wakalah Medco Power Indonesia II Tahun 2019 Seri B on May 27, 2024, issued by PT Medco Power Indonesia, PEFINDO has withdrawn the rating of the debt instrument
19 Mar 2025 PT Medco Power Indonesia (MEDP)’s following debt instruments will mature on July 4, 2025: Bond I Year 2018 Series C (rated idA) of IDR258 billion
21 Apr 2025 PEFINDO has affirmed its idA ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, as well as its idA(sy) ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
25 Jun 2025 PEFINDO has assigned its idA rating to PT Medco Power Indonesia (MEDP)’s proposed Shelf Registered Bond I Year 2025 of a maximum IDR3.0 trillion, with initial issuance of Phase I of IDR500 billion
4 Jul 2025 PT Medco Power Indonesia has fully repaid the following debt instruments Obligasi Medco Power Indonesia I Tahun 2018 Seri C and Sukuk Wakalah Medco Power Indonesia I Tahun 2018 Seri C
10 Jul 2025 PT Medco Power Indonesia (MEDP)’s following debt instruments will mature in the near term: Shelf Registered Sukuk Wakalah I Phase I Year 2022 Series A (rated idA) of IDR280 billion will be due on August 4, 2025
4 Aug 2025 PT Medco Power Indonesia has fully repaid its Sukuk Wakalah Berkelanjutan I Medco Power Indonesia Tahap I Tahun 2022 Seri A

Rating Rationale

To
Release Date Title
22 May 2018 PEFINDO assigns "idA" ratings to PT Medco Power Indonesia
24 May 2019 PEFINDO assigns "idA(sy)" rating for PT Medco Power Indonesia's Sukuk Wakalah II/2019
3 Mar 2020 PEFINDO affirms "idA" ratings for PT Medco Power Indonesia and its bonds, "idA(sy)" rating for Sukuk
27 May 2022 PT Medco Power Indonesia rated "idA" with stable outlook
3 Aug 2022 PEFINDO has affirmed its "idA" rating for PT Medco Power Indonesia (MEDP) and assigned its "idA(sy)" rating for MEDP's proposed Shelf-Registered Sukuk Wakalah I Year 2022 of maximum IDR3 trillion
26 May 2023 PEFINDO has affirmed its “idA” ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, and “idA(sy)” ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
7 Jun 2024 PEFINDO has affirmed its idA ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, as well as its idA(sy) ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
8 May 2025 PEFINDO has affirmed its idA ratings for PT Medco Power Indonesia (MEDP) and its Bond I Year 2018, as well as its idA(sy) ratings for MEDP’s Sukuk Wakalah I Year 2018, Sukuk Wakalah II Year 2019, and its Shelf-Registered Sukuk Wakalah I Year 2022
25 Jun 2025 PEFINDO has assigned its idA rating to PT Medco Power Indonesia (MEDP)’s proposed Shelf Registered Bond I Year 2025 of a maximum IDR3.0 trillion, with initial issuance of Phase I of IDR500 billion