Danantara: Moody's Rating Underscores Institutional Foundation Strength

The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) has asserted that the rating assigned by Moody’s represents a significant milestone in its development, confirming the strength of its institutional foundation as it continues its efforts to engage with global financial markets.

The global rating agency Moody’s Ratings has assigned a Baa2 issuer rating for the first time to PT Danantara Investment Management (DIM), while setting a negative outlook in alignment with the sovereign debt rating prospects of the Indonesian government.

“This is a significant milestone in our development and confirms the strength of our institutional foundation as we continue our steps to interact with global financial markets,” stated 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 standard practice for entities with close ties to a nation.

“This recognition further strengthens confidence in our strategy, governance, and long-term position as we strive to expand access to international funding and support Indonesia’s economic priorities,” added the Danantara Indonesia Communications Team.