Berita Saham TLKM
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) on PT Pertamina (Persero), PT Perusahaan Listrik Negara (Persero) (PLN) and PT Telekomunikasi Indonesia Tbk (Telkom) to 'BBB' from 'BBB-'. The Outlooks are Stable. The rating actions follow the upgrade of Indonesia's Long-Term IDR to 'BBB' from 'BBB-' on 21 December 2017. Fitch has also removed the Rating Watch Negative on PT Pelabuhan Indonesia III (Persero)'s (Pelindo III) 'BBB-' Long-Term IDR and PT Wijaya Karya (Persero) Tbk's (WIKA) 'BB' Long-Term IDR, and affirmed these ratings with Stable Outlooks. A full list of rating actions is at the end of this rating action commentary.
Telkom's standalone credit profile is higher than that of the sovereign but its IDRs are constrained to the sovereign level due to the state's majority shareholding. The ratings of Pertamina and PLN are equalised with Indonesia's IDRs, given their strong linkages with the state and the sovereign's strong incentives to extend support to these entities, as per Fitch's exposure draft on Government Related Entities Criteria published on 27 November 2017.
The ratings of these entities are not likely to change even after the finalisation of the exposure draft, if the final criteria are substantially similar to the exposure draft. Please see the following rating action commentaries for the full rating rationales and disclosures for the respective issuer. (end)
IQPLUS
Komentar
Posting Komentar