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

Sumberdaya Sewatama

(SSMM)

Press Release

To

Release Date Title
15 Oct 2012 PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama.
25 Oct 2012 PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama's proposed Bond and "idA(sy)" rating for its proposed Sukuk Ijarah.
3 Sep 2013 PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah.
10 Sep 2014 PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah
10 Sep 2015 PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah
16 Jun 2016 PT Sumberdaya Sewatama's rating outlook is revised to "negative"
15 Sep 2016 PEFINDO affirmed its "idA" rating with a negative outlook for PT Sumberdaya Sewatama
24 Feb 2017 PEFINDO lowers SSMM's ratings to "idBBB-" and puts "Credit Watch with Negative Implications"
25 Apr 2017 PEFINDO lowers SSMM's ratings to "idBB+" and maintains "Credit Watch with Negative Implications"
31 May 2017 PEFINDO changes SSMM's corporate rating outlook to "Stable". Ratings of corporate and its debt instruments are maintained at "idBB+"
12 Sep 2017 PEFINDO affirms "idBB+" rating to PT Sumberdaya Sewatama with "Stable" outlook
10 Sep 2018 PEFINDO lowers the ratings for PT Sumberdaya Sewatama and its Bond and Sukuk to "idBB"
28 May 2019 PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to "idB+", Sukuk to "idB+(sy)", revises outlook to "Negative"
20 Jun 2019 PEFINDO menurunkan peringkat PT Sumberdaya Sewatama dan Obligasinya menjadi "idB +", Sukuk menjadi "idB + (sy)", merevisi prospek menjadi "Negatif"
3 Sep 2019 PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to "idCCC", Sukuk to "idCCC(sy)", revises outlook to "Credit Watch with Negative Implications"
28 Nov 2019 PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains "Credit Watch with Negative Implications" outlook
28 Feb 2020 PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains "Credit Watch with Negative Implications"
28 May 2020 PEFINDO changes SSMM's corporate rating outlook to "Negative" from "CreditWatch with Negative Implication". Ratings of corporate and its debt instruments are maintained at "idCCC"
3 Jul 2020 PEFINDO affirms "idCCC" rating to PT Sumberdaya Sewatama with "Negative" outlook
7 Sep 2020 PEFINDO affirms "idCCC" rating to PT Sumberdaya Sewatama with "Negative" outlook
9 Sep 2021 PT Sumberdaya Sewatama rated at "idCCC" with "negative" outlook
14 Sep 2022 PEFINDO has raised the ratings of PT Sumberdaya Sewatama (SSMM) and its Bond I/2012 to "idB+" from "idCCC", and the rating for its Sukuk Ijarah I/2012 to "idB+(sy)" from "idCCC(sy)". We also revised the outlook for the corporate rating to
4 Oct 2022 PEFINDO will closely monitor the settlement of PT Sumberdaya Sewatama (SSMM)'s bonds and sukuk ijarah financial obligations
16 Dec 2022 PEFINDO has withdrawn the ratings of Obligasi Sumberdaya Sewatama I Tahun 2012 Seri B and Sukuk Ijarah Sumberdaya Sewatama I Tahun 2012 based on the full repayment of the debt instrument

Rating Rationale

To

Release Date Title
15 Oct 2012 PEFINDO assigned "idA" rating for PT Sumberdaya Sewatama
10 Sep 2014 PEFINDO affirmed "idA" ratings for PT Sumberdaya Sewatama and its Bond and "idA(sy)" for its Sukuk Ijarah
16 Jun 2016 PT Sumberdaya Sewatama's rating outlook is revised to "negative"
15 Sep 2016 PEFINDO affirmed its "idA" rating with a negative outlook for PT Sumberdaya Sewatama
12 Sep 2017 PEFINDO affirms "idBB+" rating to PT Sumberdaya Sewatama with "Stable" outlook
10 Sep 2018 PEFINDO lowers the ratings for PT Sumberdaya Sewatama and its Bond and Sukuk to "idBB"
20 Jun 2019 PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its Bond to "idB+", Sukuk to "idB+(sy)", revises outlook to "Negative"
16 Sep 2019 PEFINDO downgrades the ratings of PT Sumberdaya Sewatama and its bond to "idCCC", its sukuk to "idCCC(sy)"; outlook revised to "Credit Watch with Negative Implications"
13 Mar 2020 PEFINDO affirms the rating of PT Sumberdaya Sewatama at idCCC, and maintains Credit Watch with Negative Implications
28 May 2020 PEFINDO changes SSMM's corporate rating outlook to "Negative" from "CreditWatch with Negative Implication". Ratings of corporate and its debt instruments are maintained at "idCCC"
3 Jul 2020 PEFINDO affirms "idCCC" rating to PT Sumberdaya Sewatama with "Negative" outlook
30 Sep 2021 PT Sumberdaya Sewatama rated "idCCC" with "negative" outlook
14 Sep 2022 PEFINDO has raised the ratings of PT Sumberdaya Sewatama (SSMM) and its Bond I/2012 to "idB+" from "idCCC", and the rating for its Sukuk Ijarah I/2012 to "idB+(sy)" from "idCCC(sy)". We also revised the outlook for the corporate rating to