Published on 25 October 2012
RAM Ratings has received
confirmation that YTL Corporation Berhad (“YTL Corp”) fully redeemed its RM500
million Commercial Papers Programme (2005/2012) (“the CP Programme”) on 18
October 2012. Correspondingly, RAM Ratings has withdrawn the P1 rating of the
CP Programme and no longer has any rating obligation on the said debt facility.
Nonetheless, we will maintain
surveillance on YTL Corp’s RM500 million Medium-Term Notes Programme
(2004/2019), which carries an AA1 rating (with a stable outlook).
Media contact
Lee Chai Len
(603) 7628 1192
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