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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Esso fully redeems $99.9 mln Islamic debt facility

Posted on 16 May 2011

RAM Ratings has received confirmation that Esso Malaysia fully redeemed and cancelled its MYR 300 million ($99.9 million) Islamic Commercial Papers Issuance Facility Programme on 9 May 2011.
As such, RAM Ratings no longer has any rating obligation on the debt facility, which had previously carried a short-term rating of P1……………………………………….Full Article: Source

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