Back to mainsite

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

Perkebunan Nusantara X

(PPNX)

Corporate Rating/Outlook idBBB Stable Updated on 13 Dec 2023

Press Release

To
Release Date Title
19 Jun 2013 PEFINDO assigned its "idA+" on PT Perkebunan Nusantara X and its proposed Bond I/2013
14 Apr 2014 PEFINDO affirmed its "idA+" ratings on PT Perkebunan Nusantara X and its Bond I/2013
2 Sep 2014 Ratings of PT Perkebunan Nusantara X and its Bond Lowered to "idA"
4 Dec 2014 Ratings of PPNX Lowered to "idBBB+", Outlook "Negative"
10 Dec 2014 Ratings of PPNX Lowered to "idBBB+", Outlook "Negative"
14 Apr 2015 PPNX's ratings affirmed at "idBBB+", outlook "Stable"
18 May 2015 PPNX's rating affirmed at "idBBB+", outlook "Stable"
13 Apr 2016 PPNX's ratings affirmed at "idBBB+", outlook "stable"
21 Feb 2017 PEFINDO lowers the rating of PT Perkebunan Nusantara X to "idBBB", outlook "stable"
14 Feb 2018 PEFINDO affirms "idBBB" ratings on PT Perkebunan Nusantara X and its Bond I/2013
22 Jun 2018 PEFINDO affirms "idBBB" rating for Perkebunan Nusantara X's maturing bond
12 Feb 2019 PEFINDO affirms PT Perkebunan Nusantara X (PPNX)'s rating at "idBBB"
7 Feb 2020 PEFINDO raises the ratings for PT Perkebunan Nusantara X (PPNX) and its MTN to "idBBB+"
14 Aug 2020 Ratings for PT Perkebunan Nusantara X and its MTN affirmed at "idBBB+" with stable outlook
1 Sep 2020 Peringkat PT Perkebunan Nusantara X dan MTN ditegaskan di "idBBB+" dengan outlook "stabil"
3 Feb 2021 Rating of PT Perkebunan Nusantara X affirmed at "idBBB+", outlook revised to negative
30 Jul 2021 PT Perkebunan Nusantara X lowered to "idBBB", outlook revised to stable
9 Feb 2022 "idBBB" rating for PT Perkebunan Nusantara X
7 Oct 2022 PEFINDO has affirmed its idBBB ratings for PT Perkebunan Nusantara X (PPNX) and its Medium Term Notes (MTN) Year 2018 with a stable outlook
10 Feb 2023 PEFINDO has affirmed its "idBBB" ratings for PT Perkebunan Nusantara X (PPNX) and its MTN /2018
13 Dec 2023 PEFINDO views that the establishment of two sub-holding companies under PT Perkebunan Nusantara III (Persero) or PTPN has no immediate impact to the rating of PT Perkebunan Nusantara X (PPNX)

Rating Rationale

To
Release Date Title
19 Jun 2013 PEFINDO menetapkan peringkat "idA+" atas PT Perkebunan Nusantara X dan rencana Obligasi I/2013
14 Apr 2014 PEFINDO affirmed its "idA+" ratings on PT Perkebunan Nusantara X and its Bond I/2013
2 Sep 2014 Ratings of PT Perkebunan Nusantara X and its Bond Lowered to "idA"
4 Dec 2014 Ratings of PPNX Lowered to "idBBB+", Outlook "Negative"
14 Apr 2015 PPNX's ratings affirmed at "idBBB+", outlook "stable"
18 May 2015 PPNX's rating affirmed at "idBBB+", outlook "Stable"
21 Feb 2017 PEFINDO lowers the rating of PT Perkebunan Nusantara X to "idBBB", outlook "stable"
12 Feb 2019 PEFINDO affirms PT Perkebunan Nusantara X (PPNX)'s rating at "idBBB"
7 Feb 2020 PEFINDO raises the ratings for PT Perkebunan Nusantara X (PPNX) and its MTN to "idBBB+"
1 Sep 2020 Ratings for PT Perkebunan Nusantara X and its MTN affirmed at "idBBB+" with stable outlook
3 Feb 2021 Rating of PT Perkebunan Nusantara X affirmed at "idBBB+", outlook revised to negative
30 Jul 2021 PT Perkebunan Nusantara X lowered to "idBBB", outlook revised to stable
9 Feb 2022 "idBBB" rating for PT Perkebunan Nusantara X
7 Oct 2022 PEFINDO has affirmed its idBBB ratings for PT Perkebunan Nusantara X (PPNX) and its Medium Term Notes (MTN) Year 2018 with a stable outlook