Launch Partners

Tuesday, June 18, 2024

Launch Partners

Solarpack Suria Sungai Petani proposes ASEAN Green SRI Sukuk Wakalah of up to RM305 million (US$68.78 million); receives ‘AA2/Stable’ preliminary rating

MALAYSIA: Solarpack Suria Sungai Petani (Solarpack Suria) has received a preliminary rating of ‘AA2/Stable’ from RAM Ratings on its proposed ASEAN Green SRI Sukuk Wakalah of up to RM305 million (US$68.78 million), a statement confirmed.

The proposed one-off issuance will be utilized to refinance a bridging loan taken to fund the construction of its solar photovoltaic plant in the state of Keda

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here