Pefindo Assigns idA+ Rating to Energi Mega Persada's Sustainable Bonds

Stable Outlook Reflects Financial Strength

PT Pemeringkat Efek Indonesia (Pefindo) has assigned a idA+ credit rating to PT Energi Mega Persada Tbk (ENRG) and its proposed Sustainable Bonds I/2025 issuance, with a maximum amount of Rp 4 trillion. The rating outlook is stable, indicating Pefindo's confidence in ENRG's financial stability and ability to meet its debt obligations.

Bond Proceeds Allocation

The proceeds from the bond issuance will be used for two primary purposes: accelerated repayment of existing debt and providing working capital to support ENRG's ongoing business operations and its subsidiaries. This strategic allocation demonstrates ENRG's commitment to optimizing its financial structure while maintaining operational capacity.

Rationale Behind Stable Outlook

Pefindo's stable outlook reflects their assessment of ENRG's current financial position and business prospects. The rating agency's confidence is based on ENRG's ability to manage its debt obligations effectively while continuing its business operations. The stable outlook suggests that ENRG is expected to maintain its financial health in the near term.