[RAM] RAM Ratings withdraws rating of Cagamas' RM20 billion Islamic and Conventional Commercial Papers Programmes

RAM Ratings has received confirmation that Cagamas Berhad fully redeemed its combined RM20 billion Islamic and Conventional Commercial Papers Programmes (2015/2022) before the expiry date of 24 June 2022. Consequently, we have withdrawn the P1 ratings of the facilities and no longer have any rating obligation in respect of them.

We will, however, maintain surveillance of Cagamas’ remaining outstanding programmes listed below:


Analytical contacts
Kaylee Chiah
(603) 3385 2515
kaylee@ram.com.my

Lim Chern Yit
(603) 3385 2528
chernyit@ram.com.my