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Indonesia’s rating agency Pefindo assigns ‘idA+’ rating to Elnusa

JAKARTA (rambuenergy.com) – Oil and gas service company PT Elnusa (IDX:ELSA) said that company has been assigned “idA+” with “stable” company outlook by PEFINDO, a credit rating agency in Indonesia.

This rating is valid from 28 January 2016 to 1 December 2016 and reflects Elnusa’s strong presence in oil & gas service industry, wide diversified oil & gas support, and strong liquidity position. The rating may be raised along with Elnusa’s future business development and financial performance growth.

This is to validate that Elnusa is still considered as “one of the strongest oil & gas service player” in Indonesia. Through proven track record in deliverables and safety for over 45 years, Elnusa has gained trust and credibility from major oil & gas partners and loyal customers to support its business continuity in the future.

 

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