PT Pollux Hotels Group Tbk has once again maintained its idAAA(cg) or\nTriple A rating from PT Pemeringkat Efek Indonesia (Pefindo) for its\nSustainability-Linked Bonds I Year 2025, Series A and Series B. This\nrating represents the highest level awarded by Pefindo. The assignment\nof this rating reflects the issuer\u2019s ability to meet long-term financial\nobligations on its debt securities compared to other Indonesian issuers.\nThe idAAA(cg) rating is valid for the monitoring period from 7 July 2026\nto 1 July 2027.<\/p>\n
The Sustainability-Linked Bonds I Year 2025 issued by Pollux Hotels\nGroup have a total value of IDR 500 billion and are divided into two\nseries. Series A has a principal value of IDR 55 billion with a fixed\ninterest rate of 5.85% per annum and a three-year tenor. Meanwhile,\nSeries B has a principal value of IDR 445 billion with a fixed interest\nrate of 6.25% per annum and a five-year tenor. This achievement serves\nas a positive indicator of confidence in the quality and fundamentals of\nthe company, which continues to strengthen its business in the\nhospitality and property sectors.<\/p>\n
Furthermore, the idAAA(cg) rating places these debt instruments at\nthe highest level within Pefindo\u2019s rating scale. The President Director\nof Pollux Hotels Group, Handojo Koentoro Setyadi, stated that\nmaintaining this rating is a significant achievement for the\ncompany.<\/p>\n
\u201cThe maintenance of the idAAA rating is a significant achievement for\nPollux Hotels Group. For us, this rating reflects confidence in our\nfundamentals and the company\u2019s ability to maintain performance and\nconsistently meet financial obligations. This achievement also serves as\nmotivation for us to continue maintaining stakeholder trust and to\nexecute the company\u2019s growth sustainably,\u201d said Handojo Koentoro Setyadi\non Sunday (13\/9).<\/p>\n
Moving forward, Pollux Hotels Group stated that it will continue to\nmaintain performance quality and strengthen corporate governance, while\nimplementing growth strategies oriented towards sustainability. This\ntop-tier rating is expected to further strengthen stakeholder confidence\nin the company and support Pollux Hotels Group\u2019s steps in building\nlong-term business growth.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/aaa-rating-maintained-sustainability-bonds-remain-at-highest-level-1789289602", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }