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

RAM reaffirms ratings of KLIA’s Islamic Notes Facility

Posted on 13 November 2012

RAM Ratings has reaffirmed the enhanced AAA(s) rating of KL International Airport’s (KLIA) MYR 4.06 billion Bai’ Bithaman Ajil Notes Issuance Facility (2003/2015) (KLIA Notes Facility), with a stable outlook.
The enhanced rating is premised on the unconditional and irrevocable guarantee by the Government of Malaysia (GoM) to repay all amounts due under the KLIA Notes Facility………………………………………..Full Article: Source

 
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