19.07.2012 - RAM assigns AA3 rating to Edaran's RM750mln Sukuk
RAM Rating Services Bhd assigned a preliminary AA3 rating, with a stable outlook, to Edaran SWM Sdn Bhd's proposed initial issuance of RM750mil from its proposed Islamic medium-term notes programme (IMTN) of up to RM1bil in nominal value (2012/2032). It said on Wednesday Edaran is the main sub-contractor to its sister company, SWM Environment Sdn Bhd (SWME), which is the concessionaire for collection services and public-cleansing management services in Johor, Negeri Sembilan and Melaka...............................................Full Article: Source
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