Tuesday, May 15, 2012
KLK fully redeems RM500 million Sukuk Ijarah Programme
Published on 14 May 2012
Kuala Lumpur Kepong Berhad (“KLK”) fully redeemed its RM500 million Sukuk Ijarah Islamic Commercial Papers/Medium-Term Notes Programme (2007/2012) on the scheduled maturity date of 10 May 2012. As a result, we no longer have any rating obligations on the said facility, which had previously carried AA1/Stable/P1 ratings.
Nonetheless, RAM Ratings will maintain surveillance on the AA1/Stable/P1 ratings of KLK’s RM300 million Sukuk Ijarah Commercial Papers/Medium-Term Notes Programme (2011/2016).
Media contact
Chan Yin Huei
(603) 7628 1180
yinhuei@ram.com.my
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