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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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Semen Indonesia (Persero) Tbk.

(SMGR)

Corporate Rating/Outlook idAAA Stable Updated on 14 Aug 2024

Press Release

To
Release Date Title
26 May 2005 PEFINDO affirmed the ratings of "idA+" for PT Semen Gresik (Persero)-parent only.
16 May 2017 PEFINDO assigns "idAA+" rating to PT Semen Indonesia (Persero) Tbk
9 Mar 2018 PEFINDO affirms "idAA+" ratings for PT Semen Indonesia (Persero) Tbk and its bond
27 Nov 2018 PEFINDO puts PT Semen Indonesia (Persero) Tbk's rating on "Credit Watch with Negative Implications"
13 Mar 2019 PEFINDO affirms "idAA+" ratings for SMGR, outlook revised to negativ
4 Sep 2019 PEFINDO lowers PT Semen Indonesia (Persero) Tbk's ratings to "idAA". Outlook revised to "stable"
11 Mar 2020 PEFINDO affirms "idAA" ratings for PT Semen Indonesia (Persero) Tbk and its bond
3 Mar 2021 PT Semen Indonesia (Persero) Tbk ratings raised to "idAA+" with stable outlook
14 Mar 2022 PT Semen Indonesia (Persero) Tbk rated "idAA+" with stable outlook
19 Apr 2022 PEFINDO affirms "idAA+" rating for SMGR's maturing bond
20 Jun 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan I Semen Indonesia Tahap I Tahun 2017 issued by PT Semen Indonesia (Persero) Tbk based on the full repayment of the debt instrument
22 Aug 2022 PEFINDO has affirmed the ratings for PT Semen Indonesia (Persero) Tbk (SMGR) and its Shelf-Registration (SR) Bond I at idAA+
14 Oct 2022 PEFINDO has assigned its idAA+ rating to PT Semen Indonesia (Persero) Tbk (SMGR)'s proposed SR Bond II amounting to a maximum of IDR3 trillion
14 Aug 2023 PEFINDO has affirmed the ratings for PT Semen Indonesia (Persero) Tbk (SMGR), its Shelf- Registration (SR) Bond I, and SR Bond II at idAA+
20 Mar 2024 PT Semen Indonesia (Persero) Tbk (SMGR)’s Shelf-Registered Bond I/2019 Phase II Serie A of IDR3.4 trillion will mature on May 28, 2024
29 May 2024 With the full repayment of Obligasi Berkelanjutan I Semen Indonesia Tahap II Tahun 2019 Seri A on May 28, 2024, issued by PT Semen Indonesia (Persero) Tbk, PEFINDO has withdrawn the rating of the debt instrument
14 Aug 2024 PEFINDO has raised the ratings for PT Semen Indonesia (Persero) Tbk (SMGR) to idAAA with stable outlook from idAA+ with positive outlook

Rating Rationale

To
Release Date Title
26 May 2005 PEFINDO affirmed the ratings of "idA+" for PT Semen Gresik (Persero)-parent only (SMGR or the Company) as well as its Bond I/2001 series B amounting to IDR447.5 billion due July 12, 2006.
16 May 2017 PEFINDO assigns "idAA+" rating to PT Semen Indonesia (Persero) Tbk
9 Mar 2018 PEFINDO affirms "idAA+" ratings for PT Semen Indonesia (Persero) Tbk and its bond
20 Mar 2019 PEFINDO affirms "idAA+" ratings for SMGR, outlook revised to negative
4 Dec 2019 PEFINDO lowers the ratings for PT Semen Indonesia (Persero) Tbk and its bond to "idAA", outlook revised to "stable"
30 Mar 2020 PEFINDO affirms "idAA" ratings for PT Semen Indonesia (Persero) Tbk and its bonds
29 Mar 2021 PT Semen Indonesia (Persero) Tbk ratings raised to "idAA+" with stable outlook
14 Mar 2022 PT Semen Indonesia (Persero) Tbk rated "idAA+" with stable outlook
22 Aug 2022 PEFINDO has affirmed the ratings for PT Semen Indonesia (Persero) Tbk (SMGR) and its Shelf-Registration (SR) Bond I at idAA+
14 Oct 2022 PEFINDO has assigned its idAA+ rating to PT Semen Indonesia (Persero) Tbk (SMGR)'s proposed SR Bond II amounting to a maximum of IDR3 trillion
29 Aug 2023 PEFINDO has affirmed the ratings for PT Semen Indonesia (Persero) Tbk (SMGR), its ShelfRegistration (SR) Bond I, and SR Bond II at idAA+
26 Aug 2024 PEFINDO has raised the ratings for PT Semen Indonesia (Persero) Tbk (SMGR) to idAAA with stable outlook from idAA+ with positive outlook