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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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Sarana Multi Infrastruktur (Persero)

(SMII)

Corporate Rating/Outlook idAAA Stable Updated on 24 Mar 2025

Press Release

To
Release Date Title
7 May 2014 "idAA+" rating for PT Sarana Multi Infrastruktur
9 Mar 2015 Ratings of SMI affirmed at idAA+/stable
3 Mar 2016 Ratings of SMI raised to "idAAA"
8 Sep 2016 PT Sarana Multi Infrastruktur (Persero) is rated "idAAA" with stable outlook
13 Oct 2016 PT Sarana Multi Infrastruktur (Persero)'s new Continuous Bonds I/2016 is rated "idAAA"
17 Apr 2017 "idAAA" rating for SMI's maturing Bonds I/2014 serie A
6 Sep 2017 PT Sarana Multi Infrastruktur (Persero) is rated "idAAA"
24 Apr 2018 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
21 Jun 2018 "idAAA" rating assigned for the proposed Continuous Green Bonds I/2018 and "idAAA(sy)" for the proposed Continuous Sukuk Mudharabah I/2018 for PT Sarana Multi Infrastruktur (Persero)
2 Oct 2018 SMI's maturing Continuous Bonds I phase 2/2017 serie A rated "idAAA"
10 Apr 2019 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", stable outlook
16 May 2019 PT Sarana Multi Infrastruktur (Persero) proposed Shelf Registered Bonds II/2019 rated "idAAA"
14 Aug 2019 SMI's maturing Shelf Registered Bonds I phase 1/2016 serie A rated "idAAA"
18 Sep 2019 SMI's maturing Shelf Registered Bonds I phase III/2018 serie A rated "idAAA"
31 Jan 2020 "idAAA(sy)" rating for SMI's maturing Shelf Registered Sukuk Mudharabah I phase II/2019 series A
9 Apr 2020 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
13 Jul 2020 SMI maturing Bond rated at "idAAA", Sukuk at "idAAA(sy)"
8 Sep 2020 SMI maturing Bonds rated at "idAAA"
12 Apr 2021 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
16 Sep 2021 SMI maturing Bonds rated "idAAA"
14 Jan 2022 SMI maturing Sukuk rated "idAAA"
6 Apr 2022 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
27 Apr 2022 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
9 May 2022 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
27 Jun 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap I Tahun 2019 Seri B based on the full repayment of the debt instrument
10 Aug 2022 PEFINDO has assigned its "idAAA" rating to PT Sarana Multi Infrastruktur (Persero) (SMI)'s proposed Shelf Registered Bond III. PEFINDO has also assigned its "idAAA(sy)" to SMI's proposed Shelf Registered Sukuk Mudharabah II
25 Aug 2022 PEFINDO has affirmed its "idAAA" ratings for PT Sarana Multi Infrastruktur (Persero) (SMI)'s maturing Shelf Registered Bond II Phase III/2019 Series B & Shelf Registered Bond I Phase II/2017 Series C
29 Aug 2022 PEFINDO has withdrawn the ratings of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap II Tahun 2019 Seri B and Sukuk Mudharabah I Sarana Multi Infrastruktur Tahap III Tahun 2019 Seri B based on the full repayment of the debt instrument
31 Oct 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap III Tahun 2019 Seri B based on the full repayment of the debt instrument
16 Nov 2022 PEFINDO has withdrawn the rating of Obligasi Berkelanjutan I Sarana Multi Infrastruktur Tahap II Tahun 2017 Seri C based on the full repayment of the debt instrument
10 Apr 2023 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
15 Jun 2023 PEFINDO has affirmed its “idAAA” rating for PT Sarana Multi Infrastruktur (Persero) (SMI)’s maturing Shelf Registered Bond III Phase I/2022 Series A and Shelf Registered Sukuk Mudharabah II Phase I/2022 Series A
6 Jul 2023 With the full repayment of Obligasi Green Bond Berkelanjutan I Sarana Multi Infrastruktur Tahap I Tahun 2018 Seri B and Sukuk Mudharabah Berkelanjutan I Sarana Multi Infrastruktur Tahap I Tahun 2018 Seri B on July 6, 2023, PEFINDO has withdrawn the rating
21 Jul 2023 With the full repayment of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap IV Tahun 2020 Seri B on July 21, 2023, PEFINDO has withdrawn the rating of the debt instrument
15 Aug 2023 With the full repayment of Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap I Tahun 2022 Seri A and Sukuk Mudharabah Berkelanjutan II Sarana Multi Infrastruktur Tahap I Tahun 2022 Seri A issued by PT Sarana Multi Infrastruktur (Persero) on Augu
9 Oct 2023 PEFINDO has affirmed its “idAAA” rating for PT Sarana Multi Infrastruktur (Persero) (SMI)’s maturing Shelf Registered Bond II Phase V/2020 Series A amounting to IDR2.2 trillion due on December 11, 2023
13 Dec 2023 With the full repayment of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap V Tahun 2020 Seri A on December 11, 2023, PEFINDO has withdrawn the rating of the debt instrument
26 Mar 2024 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
28 May 2024 With the full repayment of Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap III Tahun 2023 Seri A on May 27, 2024, issued by PT Sarana Multi Infrastruktur (Persero), PEFINDO has withdrawn the rating of the debt instrument
21 Jun 2024 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instrument(s) will mature on August 28, 2024: Shelf Registered Bond II Phase II/2019 Series C amounting to IDR1,033.0 billion (rated idAAA)
25 Jun 2024 With the full repayment of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap I Tahun 2019 Seri C on June 25, 2024, issued by PT Sarana Multi Infrastruktur (Persero), PEFINDO has withdrawn the rating of the debt instrument
3 Jul 2024 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
16 Jul 2024 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instrument will mature on October 30, 2024: Shelf Registered Bond II Phase III/2019 Series C amounting to IDR481.0 billion (rated idAAA)
28 Aug 2024 With the full repayment of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap II Tahun 2019 Seri C and Sukuk Mudharabah I Sarana Multi Infrastruktur Tahap III Tahun 2019 Seri C on August 28, 2024, issued by PT Sarana Multi Infrastruktur (Persero),
12 Sep 2024 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instrument will mature on December 24, 2024: Shelf Registered Bond III Phase IV/2023 Series A amounting to IDR400.0 billion (rated idAAA)
30 Oct 2024 With the full repayment of Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap III Tahun 2019 Seri C on October 30, 2024, issued by PT Sarana Multi Infrastruktur (Persero), PEFINDO has withdrawn the rating of the debt instrument
24 Dec 2024 With the full repayment of Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap IV Tahun 2023 Seri A on December 24, 2024, issued by PT Sarana Multi Infrastruktur (Persero), PEFINDO has withdrawn the rating of the debt instrument
5 Mar 2025 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
24 Mar 2025 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with a stable outlook
10 Apr 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instruments will mature in the near term: Shelf Registered Sukuk Mudharabah III Phase I Year 2024 Serie A (rated idAAA(sy)) of IDR63.6 billion will be due on July 15, 2025
25 Apr 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instruments will mature on August 5, 2025: Shelf Registered Bond III Phase I Year 2022 Serie B (rated idAAA) of IDR326.5 billion
2 Jul 2025 PEFINDO has assigned its idAAA rating to PT Sarana Multi Infrastruktur (Persero) (SMI)’s proposed Shelf Registered Sustainability Bond I with a maximum amount of IDR12.0 trillion
15 Jul 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid the following debt instruments Obligasi Berkelanjutan IV Sarana Multi Infrastruktur Tahap I Tahun 2024 Seri A and Sukuk Mudharabah Berkelanjutan III Sarana Multi Infrastruktur Tahap I Tahun 2024 Ser
21 Jul 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid its Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap IV Tahun 2020 Seri C
25 Jul 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s following debt instrument will mature on November 8, 2025: - Shelf Registered Bond III Phase II Year 2022 (rated idAAA) of IDR3,535.61 billion
5 Aug 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid the following debt instruments Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap I Tahun 2022 Seri B and Sukuk Mudharabah Berkelanjutan II Sarana Multi Infrastruktur Tahap I Tahun 2022 Ser
21 Aug 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s Shelf Registered Bond II Phase V Year 2020 Series B (rated idAAA) of IDR1.11 trillion will be due on December 11, 2025
10 Nov 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid its Obligasi Berkelanjutan III Sarana Multi Infrastruktur Tahap II Tahun 2022
2 Dec 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s Shelf Registered Bond IV Phase II Year 2024 Series A (rated idAAA) of IDR350.0 billion will be due on December 16, 2025
11 Dec 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid its Obligasi Berkelanjutan II Sarana Multi Infrastruktur Tahap V Tahun 2020 Seri B
16 Dec 2025 PT Sarana Multi Infrastruktur (Persero) has fully repaid its Obligasi Berkelanjutan IV Sarana Multi Infrastruktur Tahap II Tahun 2024 Seri A
24 Dec 2025 PT Sarana Multi Infrastruktur (Persero) (SMI)’s Shelf Registered Bond IV Phase III Year 2025 Series A (rated idAAA) of IDR506.96 billion will be due on April 7, 2026

Rating Rationale

To
Release Date Title
7 May 2014 "idAA+" rating for PT Sarana Multi Infrastruktur
9 Mar 2015 Ratings of SMI affirmed at idAA+/stable
3 Mar 2016 Ratings of SMI raised to "idAAA"
13 Oct 2016 PT Sarana Multi Infrastruktur (Persero)'s new Continuous Bonds I/2016 is rated "idAAA"
6 Sep 2017 PT Sarana Multi Infrastruktur (Persero) is rated "idAAA"
21 Jun 2018 "idAAA" rating assigned for the proposed Continuous Green Bonds I/2018 and "idAAA(sy)" for the proposed Continuous Sukuk Mudharabah I/2018 for PT Sarana Multi Infrastruktur (Persero)
16 May 2019 PT Sarana Multi Infrastruktur (Persero) proposed Shelf Registered Bonds II/2019 rated "idAAA"
27 Apr 2022 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
9 May 2022 PT Sarana Multi Infrastruktur (Persero) rated "idAAA", outlook stable
10 Aug 2022 PEFINDO has assigned its "idAAA" rating to PT Sarana Multi Infrastruktur (Persero) (SMI)'s proposed Shelf Registered Bond III. PEFINDO has also assigned its "idAAA(sy)" to SMI's proposed Shelf Registered Sukuk Mudharabah II
12 May 2023 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
2 May 2024 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
3 Jul 2024 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
21 Mar 2025 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with stable outlook
24 Mar 2025 PT Sarana Multi Infrastruktur (Persero) (SMI) rated idAAA with a stable outlook
2 Jul 2025 PEFINDO has assigned its idAAA rating to PT Sarana Multi Infrastruktur (Persero) (SMI)’s proposed Shelf Registered Sustainability Bond I with a maximum amount of IDR12.0 trillion