PEFINDO has affirmed its idA rating with stable outlook for PT Lautan Luas Tbk. We have also affirmed idA ratings for the Company’s Shelf Registered Bond III Year 2020-2021 and Shelf Registered Bond IV Year 2024. The rating reflects Lautan Luas’ strong market position, good integrated operations and distribution channel, and good operating management. The rating is constrained by its sizeable capital expenditure requirement and sensitivity to changes in macroeconomic conditions.
