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Moody's Ratings upgrades Gajah Tunggal ratings to B2; outlook stable

Moody's Ratings (Moody's) has upgraded Gajah Tunggal Tbk (P.T.)'s corporate family rating (CFR) and the rating on its senior secured notes to B2 from B3, and maintained the stable outlook. The rating action follows Gajah's announcement on 15 November that it had obtained two tranches of long-term ...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Gajah Tunggal Tbk (P.T.) and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 26 July 2024 in which we reassessed the appropriateness of the ratings in the cont...

Gajah Tunggal Tbk (P.T.): Update to credit analysis

Our credit view of this issuer reflects its leading position in the Indonesian replacement tire market, against its high reliance on short-term funding.

Gajah Tunggal Tbk (P.T.): Update following rating affirmation; outlook...

Our credit view of Gajah Tunggal Tbk (P.T.) reflects the company's volatile financial performance and reliance on short-term funding.

Moody's affirms Gajah Tunggal's B3 ratings; outlook stable

Moody's Investors Service (Moody's)  has affirmed Gajah Tunggal Tbk (P.T.)'s B3 corporate family rating (CFR) and the B3 rating on its senior secured notes. The outlook remains stable. "The affirmation of Gajah's B3 ratings reflects its leading position in the Indonesian domestic tire market and...

Gajah Tunggal Tbk (P.T.): Update to credit analysis

Our credit view of Gajah Tunggal Tbk (P.T.) reflects the company's volatile earnings and adequate liquidity.

Gajah Tunggal Tbk (P.T.): Update to credit analysis

Our credit view of this issuer reflects the company's volatile financial performance and adequate liquidity.

Moody's announces completion of a periodic review of ratings of Gajah ...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gajah Tunggal Tbk. Global Credit Research- 14 Sep 2021. Singapore, September 14, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Gajah Tunggal Tbk and other ratings that are associated with the same analytical unit.

Gajah Tunggal Tbk (P.T.): Update following upgrade to B3

Our credit view of Gajah Tunggal Tbk (P.T.) reflects the company's volatile financial performance and adequate liquidity position.

Moody's upgrades Gajah Tunggal to B3 on refinancing; outlook stable

Rating Action: Moody's upgrades Gajah Tunggal to B3 on refinancing; outlook stable. Global Credit Research- 12 Aug 2021. Singapore, August 12, 2021-- Moody's Investors Service has upgraded the Corporate Family Rating of Gajah Tunggal Tbk to B3 from Caa1 following the refinancing of its 2022 senior secured notes.

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