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

Mandala Multifinance Tbk.

(MFIN)

Corporate Rating/Outlook idAAA Stable Updated on 5 Apr 2024

Press Release

To

Release Date Title
18 Jan 2012 PEFINDO assigned its "idA" rating to PT Mandala Multifinance Tbk.
6 Jun 2012 PEFINDO assigned its "idA" rating to PT Mandala Multifinance Tbk.
10 Apr 2013 PT Mandala Multifinance Tbk's rating affirmed at "idA"
7 Apr 2014 PT Mandala Multifinance Tbk's rating affirmed at "idA"
9 Feb 2015 PT Mandala Multifinance Tbk's ratings affirmed at "idA"
22 Apr 2015 PT Mandala Multifinance Tbk's ratings affirmed at "idA"
3 Jun 2015 The maturing Shelf Registration Bonds of PT Mandala Multifinance Tbk's ratings affirmed at "idA"
11 Feb 2016 PT Mandala Multifinance Tbk's ratings affirmed at "idA"
4 Apr 2016 Rating for MFIN's maturing Shelf-Registration Bond affirmed at "idA"
10 Feb 2017 PEFINDO affirms its "idA" ratings for PT Mandala Multifinance Tbk and its bonds, the outlook has been revised to "negative"
2 Mar 2017 Rating for MFIN's maturing Shelf-Registration Bond affirmed at "idA"
9 Feb 2018 PEFINDO affirms "idA" ratings for PT Mandala Multifinance Tbk and its bonds, revises outlook to "stable"
5 Apr 2018 PEFINDO affirms "idA" ratings for PT Mandala Multifinance Tbk and its bonds
28 May 2018 "idA" rating for PT Mandala Multifinance Tbk's proposed Shelf Registration Bond III Year 2018
17 Oct 2018 PT Mandala Multifinance Tbk's rating outlook revised to "negative"
10 Apr 2019 Mandala Finance rating affirmed at "idA", outlook revised to "stable" from "negative"
3 Apr 2020 Mandala Finance's rating outlook revised to "negative"
19 Jun 2020 "idA" rating for PT Mandala Multifinance Tbk's proposed Shelf Registration Bond IV Year 2020
7 Jul 2020 Rating of Mandala Finance's maturing bond is affirmed at "idA"
9 Nov 2020 Rating of Mandala Finance's maturing bond is affirmed at "idA"
11 Feb 2021 Rating of Mandala Finance's maturing bond is affirmed at "idA"
5 Apr 2021 Mandala Finance' rating affirmed at "idA", outlook maintained at "negative"
5 May 2021 Rating of Mandala Finance's maturing bond is affirmed at "idA"
25 Jun 2021 Mandala Finance's Shelf Registration Sukuk Mudharabah I rated "idA(sy)"
28 Sep 2021 Rating of Mandala Finance's maturing bond is affirmed at "idA"
13 Apr 2022 Mandala Finance' rating affirmed at "idA", outlook revised to "stable"
8 Jun 2022 PEFINDO has affirmed its "idA" ratings to PT Mandala Multifinance Tbk (Mandala Finance)'s Shelf-Registration Bond IV Phase III/2021 Series A of IDR150.0 billion that will mature on August 13, 2022, and Shelf-Registration Bond III Phase III/2019 S
5 Jul 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan III Mandala Multifinance Tahap II Tahun 2019 Seri B based on the full repayment of the debt instrument
8 Jul 2022 PEFINDO has withdrawn the rating of Sukuk Mudharabah Berkelanjutan I Mandala Multifinance Tahap I Tahun 2021 based on the full repayment of the debt instrument
15 Aug 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan IV Mandala Multifinance Tahap III Tahun 2021 Seri A based on the full repayment of the debt instrument
29 Aug 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan III Mandala Multifinance Tahap III Tahun 2019 Seri B based on the full repayment of the debt instrument
30 Sep 2022 PEFINDO has affirmed its "idA" ratings to PT Mandala Multifinance Tbk (Mandala Finance)'s Shelf-Registration Bond IV Phase IV/2021 Series A of IDR300.0 billion and Shelf-Registration Bond III Phase IV/2019 Series B of IDR10.0 billion maturing on Dec
12 Dec 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan IV Mandala Multifinance Tahap IV Tahun 2021 Seri A based on the full repayment of the debt instrument
20 Dec 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan III Mandala Multifinance Tahap IV Tahun 2019 Seri B based on the full repayment of the debt instrument
5 Apr 2023 PEFINDO has affirmed its “idA” corporate rating for PT Mandala Multifinance Tbk (Mandala Finance) and its outstanding bonds as well as its “idA(sy)” rating for its outstanding sukuk
12 Jul 2023 PEFINDO has revised the outlook for PT Mandala Multifinance Tbk (Mandala Finance) to “positive” from “stable”, while affirmed its “idA” ratings for Company and its outstanding bonds as well as its “idA(sy)” rating for its outstanding sukuk
13 Jul 2023 With the full repayment of Sukuk Mudharabah Berkelanjutan I Bank Mandala Multifinance Tahap II Tahun 2022 Seri A on July 13, 2023, PEFINDO has withdrawn the rating of the debt instrument
4 Oct 2023 PEFINDO has affirmed its “idA” ratings to PT Mandala Multifinance Tbk (Mandala Finance)’s Shelf-Registration Bond IV Phase II/2020 Series B of IDR15.0 billion maturing on December 4, 2023
5 Dec 2023 With the full repayment of Obligasi Berkelanjutan IV Mandala Multifinance Tahap II Tahun 2020 Seri B on Desember 4, 2023, PEFINDO has withdrawn the rating of the debt instrument
20 Mar 2024 PEFINDO has raised the rating of PT Mandala Multifinance Tbk (Mandala Finance) to idAAA with stable outlook from idA with positive outlook
5 Apr 2024 PEFINDO has affirmed its idAAA corporate rating with stable outlook to PT Mandala Multifinance Tbk (Mandala Finance)
26 Apr 2024 PT Mandala Multifinance Tbk (Mandala Finance)’s Shelf-Registration Sukuk I Phase III Serie A (rated idAAA(sy)) of IDR300.0 billion will mature on June 29, 2024
3 Jun 2024 PT Mandala Multifinance Tbk (Mandala Finance)’s Shelf-Registration Bond IV Phase III Serie B (rated idAAA) of IDR150.0 billion will mature on August 6, 2024
1 Jul 2024 With the full repayment of Sukuk Mudharabah Berkelanjutan I Mandala Finance Tahap III Tahun 2023 Seri A on July 1, 2024, issued by PT Mandala Multifinance Tbk, PEFINDO has withdrawn the rating of the debt instrument
6 Aug 2024 With the full repayment of Obligasi Berkelanjutan IV Mandala Multifinance Tahap III Tahun 2021 Seri B on August 6, 2024, issued by PT Mandala Multifinance Tbk, PEFINDO has withdrawn the rating of the debt instrument
30 Sep 2024 PT Mandala Multifinance Tbk (Mandala Finance)’s Shelf-Registration Bond IV Phase IV Serie B (rated idAAA) of IDR350.0 billion will mature on December 3, 2024
3 Dec 2024 With the full repayment of Obligasi Berkelanjutan IV Mandala Multifinance Tahap IV Tahun 2021 Seri B on December 3, 2024, issued by PT Mandala Multifinance Tbk, PEFINDO has withdrawn the rating of the debt instrument

Rating Rationale

To

Release Date Title
18 Jan 2012 PEFINDO assigned its "idA" rating to PT Mandala Multifinance Tbk (MFIN or the Company)
6 Jun 2012 PEFINDO assigned its "idA" rating to PT Mandala Multifinance Tbk (MFIN or the Company)
10 Apr 2013 PT Mandala Multifinance Tbk's rating affirmed at "idA"
9 Feb 2015 PT Mandala Multifinance Tbk's ratings affirmed at "idA"
22 Apr 2015 PT Mandala Multifinance Tbk's ratings affirmed at "idA"
4 Apr 2016 Rating for MFIN's maturing Shelf-Registration Bond affirmed at "idA"
9 Feb 2018 PEFINDO affirms "idA" ratings for PT Mandala Multifinance Tbk and its bonds, revises outlook to "stable"
28 May 2018 "idA" rating for PT Mandala Multifinance Tbk's proposed Shelf Registration Bond III Year 2018
10 Apr 2019 Mandala Finance rating affirmed at "idA", outlook revised to "stable" from "negative"
3 Apr 2020 Mandala Finance's rating outlook revised to "negative"
19 Jun 2020 "idA" rating for PT Mandala Multifinance Tbk's proposed Shelf Registration Bond IV Year 2020
5 Apr 2021 Mandala Finance' rating affirmed at "idA", outlook maintained at "negative"
25 Jun 2021 Mandala Finance's Shelf Registration Sukuk Mudharabah I rated "idA(sy)"
13 Apr 2022 Mandala Finance' rating affirmed at "idA", outlook revised to "stable"
10 May 2023 PEFINDO has affirmed its “idA” corporate rating for PT Mandala Multifinance Tbk (Mandala Finance) and its outstanding bonds as well as its “idA(sy)” rating for its outstanding sukuk
8 Aug 2023 PEFINDO has revised the outlook for PT Mandala Multifinance Tbk (Mandala Finance) to “positive” from “stable”, while affirming its “idA” ratings for the Company and its outstanding bonds as well as its “idA(sy)” rating for its outstanding sukuk
24 Apr 2024 PEFINDO has raised the rating of PT Mandala Multifinance Tbk (Mandala Finance) to idAAA with stable outlook from idA with positive outlook
2 May 2024 PEFINDO has affirmed its idAAA corporate rating with stable outlook to PT Mandala Multifinance Tbk (Mandala Finance)