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RAM Ratings assigns AA1 to KLK’s 10-year RM1bln Sukuk

Posted on 20 August 2012

RAM Rating Services Bhd has assigned a final long-term rating of AA1 to Kuala Lumpur Kepong Bhd’s proposed 10-year multi-currency Islamic medium-term notes programme of up to RM1bil, with a stable outlook.
It said on Friday it had reaffirmed the ratings of the integrated plantation group’s existing RM300mil Sukuk Ijarah commercial paper/MTN programme (2011/2016) at AA1/Stable/P1………………………………………..Full Article: Source

 
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