[RAM] RAM Ratings withdraws rating of NUR Power's RM650 mil Guaranteed Sukuk Mudharabah Programme - 05 Aug 2019

Published on 05 Aug 2019.

RAM Ratings has withdrawn the respective AAA(bg)/Stable and AAA(fg)/Stable ratings of Tranche 1 and Tranche 2 of NUR Power Sdn Bhd's RM650 mil Guaranteed Sukuk Mudharabah (2012/2027). This follows the early redemption of the sukuk on 31 July 2019. As such, RAM no longer has any rating obligations in respect of the debt facility.


Analytical contact
Yip Chee Meng
(603) 3385 2516
cmyip@ram.com.my

Media contact
Padthma Subbiah
(603) 3385 2577
padthma@ram.com.my