PEFINDO has affirmed its idA rating to PT RMK Energy Tbk

(March 6, 2026)--PEFINDO has affirmed its idA rating to PT RMK Energy Tbk (RMKE) and its outstanding Shelf Registered Bonds I Year 2025. Outlook for the corporate rating is stable. The rating reflects RMKE’s strong operating management, potential additional revenue stream from coal logistics services, and moderate financial profile. The rating is constrained by its exposure to volatility in coal demand and prices, as well as project execution risk.

The rating may be raised if RMKE successfully executes its logistics services value-chain capacity-increment plan and significantly diversifies its customer base or industry commodity services, while also being accompanied by maintaining its capital structure indicators. The rating may be lowered if the Company’s revenue or EBITDA falls significantly short of targets, or if the Company incurs debt more than projected, weakening its ability to service its debt promptly.

RMKE provides coal logistics services and also engages in coal trading and mining. As of December 31, 2025, its shareholders were PT RMK Investama (56.80%), Tony Saputra (1.60%), Vincent Saputra (0.32%), William Saputra (0.32%), and the public (40.96%). (ends)