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High ratings for Sime sukuk

Posted on 14 January 2013

Sime Darby Bhd’s US$1.5 billion (RM4.5 billion) multi-currency sukuk programme has been rated higher than Malaysia’s sovereign rating by two of the world’s top rating houses.
Standard & Poor’s Ratings Services (S&P) and Fitch Ratings Ltd gave the sukuk an “A” rating each while Moody’s Investor Service Inc gave it an “A3″. S&P and Fitch had given Malaysia’s sovereign rating an “A-” each while Moody’s rated it an “A3″………………………………………..Full Article: Source

 
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