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Friday, May 3, 2024

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RAM assigns final ‘AA3/Stable’ rating to RP Hydro’s ASEAN green SRI Sukuk of up to RM975 million (US$211.93 million)

MALAYSIA: RAM has assigned a final rating of ‘AA3/Stable’ to RP Hydro’s ASEAN green SRI Sukuk of up to RM975 million (US$211.93 million), according to a rating note. RAM reviewed all relevant transaction documents and found them to be in line with its expectations when the preliminary rating was assigned in February 2023.

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