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

RAM Ratings assigns AA1/Stable to KLK’s Multi-Currency Islamic Debt Programme

Posted on 21 August 2012

RAM Ratings has assigned final long-term rating of AA1 to Kuala Lumpur Kepong Berhad’s (KLK) proposed 10-year Multi-Currency Islamic Medium-Term Notes Programme of up to MYR 1 billion (or its equivalent in foreign currencies), with a stable outlook.
At the same time, the ratings of the Group’s existing MYR 300 million Sukuk Ijarah Commercial Paper/Medium-Term Notes Programme (2011/2016) have been reaffirmed at AA1/Stable/P1………………………………………..Full Article: Source

 
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