Thursday, November 22, 2012

Standard Chartered Bank fully redeems RM500 million Subordinated Bonds




Published on 20 November 2012

RAM Ratings has received confirmation from Standard Chartered Bank Malaysia Berhad (rated AAA/Stable/P1 financial institution ratings) that its RM500 million Subordinated Bonds (2007/2017) were redeemed on 16 November 2012. As such, we have withdrawn the AA1 rating and no longer have any rating obligation on the debt facility.

Media contact
Chan Yin Huei
(603) 7628 1180

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