PEFINDO affirms Angkasa Pura II's idAA+ rating
Friday, June 9 2023 - 02:50 PM WIB
(09 Jun, 2023)--PEFINDO has affirmed its idAA+ rating for PT Angkasa Pura II (APIA)’s Shelf Registered Bond I Year 2020 Series A of IDR32.0 billion that will mature on August 13, 2023. The Company plans to repay its maturing bond using internal cash. As of April 30, 2023, APIA had cash and cash equivalent at parent level of IDR2.3 trillion.
Engaged in airport and airport-related services, APIA operates 20 airports, including Soekarno-Hatta International Airport in Tangerang (Banten), the country’s largest airport and the main gateway, and Kualanamu International Airport in North Sumatra.
As of December 31, 2022, its shareholders were PT Aviasi Pariwisata Indonesia (Persero) (InJourney, 99.99%) and Government of Indonesia (0.00%).