21.12.2011 - RAM Ratings reaffirms ratings of Gamuda's Islamic securities
RAM Ratings has reaffirmed the respective AA3 and P1 ratings of Gamuda Berhad's proposed 25-year MYR 800 million ($250.7 million) Islamic Medium-Term Notes Programme and seven-year MYR 100 million ($31.3 million) Islamic Commercial Papers Programme. The agency also reaffimed the ratings on the company’s existing MYR 800 million Islamic Medium-Term Notes Programme (2008/2028) and MYR 100 million Commercial Papers Programme (2008/2015). Both long-term ratings have a stable outlook. Each of the combined facilities will be capped at MYR 800 million at all times...............................................Full Article: Source
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