JAKARTA. Pemeringkat Efek Indonesia (Pefindo) has once again granted an “idAAA(sf)” or Triple A Structured Finance to the Series A-E Bonds Year 2017 of PT Marga Lingkar Jakarta (MLJ). The bonds have a total face value of IDR 1.3 trillion.
Salyadi Saputra, President Director of Pefindo, states that this rating is effective from August 2, 2021, until August 1, 2022. Furthermore, this grading is given based on MLJ’s financial performance in the first half of 2021 and its record in the fiscal year 2020.
“The capability of the company to fulfil its financial obligations in the long run regarding this bond, compared to other companies in Indonesia, is superior,” Saputra explains in an official letter.
According to idnfinancials.com data, MLJ recorded a net profit of IDR 5.33 billion in the first half of this year. This achievement is massive compared to the same period last year in which MLJ suffered from a loss of IDR 13.19 billion.
As of June 30, 2021, 51% of MLJ’s shares belong to PT Jasa Marga (Persero) Tbk (JSMR), while the remaining 49% goes to PT Jakarta Marga Jaya, one of the tollway business units under Astra Group. (KR/ZH)