[RAM] RAM Ratings withdraws rating of Hong Leong Financial Group's RM3 bil CP Programme

Subsequent to receiving confirmation that Hong Leong Financial Group Berhad (HLFG) cancelled its RM3 bil Commercial Papers (CP) Programme (2018/2025) on 24 January 2025, RAM Ratings has withdrawn the P1 rating of the facility and no longer has any rating obligation in respect of it. 

We will, however, maintain surveillance of HLFG’s AA₁/Stable/P1 corporate credit ratings and the ratings of the debt programme listed below.



 

Analytical contacts
Sean Lim, CFA
(603) 3385 2550 
sean@ram.com.my

Amy Lo
(603) 3385 2509
amy@ram.com.my 

Media contact
Sakinah Arifin
(603) 3385 2500
sakinah@ram.com.my