Wednesday, September 19, 2012

Media Prima fully redeems RM170 million BG MTN




Published on 11 September 2012

RAM Ratings has received confirmation from the facility agent that Media Prima Berhad (“Media Prima”) fully redeemed its RM170 million Bank-Guaranteed Medium-Term Notes Programme (2007/2012) on the scheduled maturity date of 7 September 2012. As such, RAM Ratings no longer has any rating obligation on the debt facility, which had carried a long-term AAA(bg) rating, with a stable outlook.

Nonetheless, we will maintain surveillance on the P1 rating of Media Prima’s RM180 million Commercial Papers Programme (2007/2014).

Media contact
Low Pui San
(603) 7628 1051


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