17.06.2011 - Suncity cancels $163.7 mln Islamic debt facility
As such, RAM Ratings no longer has any rating obligation on the debt facility and the A2/P1 ratings have been withdrawn. RAM Ratings has received confirmation that Sunway City cancelled its MYR 500 million Murabahah Commercial Papers/Medium Term Notes Programme (2007/2022) (CP/MTN) ahead of the scheduled maturity date of 8 October 2022; there was no outstanding CP or MTN when cancelled..............................................Full Article: Source
Print