Danantara: Moody's Rating Underscores Institutional Foundation Strength

The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) has affirmed that the rating assigned by Moody’s represents a significant milestone in its development and underscores the strength of its institutional foundation amid ongoing efforts to engage with global financial markets. Global rating agency Moody’s Ratings assigned a first-time Baa2 issuer rating to PT Danantara Investment Management (DIM), while simultaneously setting a negative outlook in line with the prospects for Indonesia’s government debt rating. “This is an important milestone in our development and affirms the strength of our institutional foundation as we take continuous steps to interact with global financial markets,” said the Danantara Indonesia Communications Team in an official statement received in Jakarta on Friday. Danantara stated that the rating and outlook for DIM reflect and align with Indonesia’s sovereign rating and outlook, which is customary for entities linked to a state. “This recognition further strengthens confidence in our strategy, governance, and long-term position as we expand access to international funding and support Indonesia’s economic priorities,” the Communications Team said.