Published on 07 Feb 2018.
RAM Ratings has withdrawn the AA3/Stable/P1 ratings of Pac Lease Berhad (the Company)’s CP/MTN Issuance Programme of up to RM500 million (2011/2018), following the Company’s full redemption and cancellation of the facility on 24 January 2018. As such, RAM no longer has any rating obligation in respect of the programme.
We will, however, maintain surveillance of the AA3/Stable/P1 ratings of Pac Lease’s CP/MTN Programme of up to RM1.0 billion (2017/2024).
Analytical contact
Loh Kit Yoong
(603) 7628 1031
kityoong@ram.com.my
Media contact
Padthma Subbiah
(603) 7628 1162
padthma@ram.com.my
Best Regards,
Gan Yeow Hock
Data Management Executive - DCM
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