Fri, Aug 1, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Bonds (Sukuk) more

RAM upgrades Golden Crop sukuk ratings

Posted on 02 July 2012

RAM Ratings Services Bhd has reaffirmed the AAA ratings on Golden Crop Returns Bhd’s Series 1 and Series 2 Sukuk Al-Ijarah and upgraded the third, fourth and fifth series sukuk to AAA, AA1 and AA2, respectively.
RAM Ratings, in a statement, said the upgrade was premised on the corresponding sukuk’s improved collateral support after an adjustment in the rating firm’s valuation approach for commercial real estate-backed transactions involving oil-palm plantations………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
25262728293031