09 October 2015
RAM Ratings has received confirmation from CIMB Islamic Trustee Berhad that Edaran SWM Sdn Bhd (Edaran) had, on 1 September 2015, obtained approval from the sukuk holders to withdraw the rating of its IMTN Programme of up to RM1 billion in nominal value, which was scheduled to mature on 5 October 2022. Accordingly as requested by Edaran, we have withdrawn the AA3/Positive rating of the IMTN and no longer have any rating obligation in respect of the instrument.
RAM Ratings has received confirmation from CIMB Islamic Trustee Berhad that Edaran SWM Sdn Bhd (Edaran) had, on 1 September 2015, obtained approval from the sukuk holders to withdraw the rating of its IMTN Programme of up to RM1 billion in nominal value, which was scheduled to mature on 5 October 2022. Accordingly as requested by Edaran, we have withdrawn the AA3/Positive rating of the IMTN and no longer have any rating obligation in respect of the instrument.
Media contact
Adeline Poh
(603) 7628 1021
adeline@ram.com.my
© Press Release 2015