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KLK Islamic bonds get AA1, P1 ratings

Posted on 02 August 2012

Kuala Lumpur Kepong Berhad’s (KLK) proposed ten-year multi-currency Islamic medium-term notes programme of up to RM1bil or the equivalent in foreign currencies have been given a preliminary long- and short-term AA1 and P1 ratings with stable outlook, according to RAM Ratings.
Similarly, the ratings of the group’s existing RM300mil sukuk ijarah commercial paper or medium-term notes programme (2011/2016) have been reaffirmed at AA1/Stable/P1………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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