PEFINDO Affirms idAAA(sy) Rating of Adira Finance’s IDR 62 Billion Sustainable Sukuk Mudharabah

http://islamicmarkets.com/articles/pefindo-affirms-idaaa-sy-rating-of-adira-finance-s-idr-62-billion
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Pemeringkat Efek Indonesia (PEFINDO) has affirmed the ‘idAAA’ rating of Adira Dinamika Multi Finance (Adira Finance) with a Stable Outlook, as well as several debt securities issued by the company.

According to an official statement, PEFINDO affirmed the idAAA(sy) rating for Adira Finance’s Shelf Registered Sukuk Mudharabah III Phase II/2018 Series worth IDR 62.0 billion, which is set to mature on the 21st of March, 2021.

In addition, the rating agency affirmed the ‘idAAA’ rating for the Shelf Registered Bond III Phase III/2016 Series C amounting to IDR 697.5 billion and Shelf Registered Bond IV Phase II/2018 Series C worth IDR 552 billion, which will mature on the 2nd of March 2021 and the 21st of March 2021 respectively.

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