BACKPress Release
20 Mar | Friday
RAM Ratings withdraws AA1 rating of TAQA’s sukuk
Upon the request of Abu Dhabi National Energy Company PJSC (TAQA or the Group), RAM Ratings has withdrawn the AA1/Stable rating of the Group’s Sukuk Murabahah Programme of up to RM3.5 billion in nominal value (2012/2032) (Sukuk). As such, we no longer have any rating obligation in respect of the Sukuk. As at 20 March 2015, the amount of Sukuk outstanding stood at RM650 million.
Media contact
Chinthamani Thanneermalai
(603) 7628 1013
chinthamani@ram.com.my
Media contact
Chinthamani Thanneermalai
(603) 7628 1013
chinthamani@ram.com.my
source: RAM Rating Services Berhad
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- RAM Ratings assigns AA1/Stable final rating to MBSB’s Tranche 3 Structured Covered Sukuk Murabahah
- IFSB-INCEIF Executive Forum for Islamic Finance to Discuss Islamic Liquidity Management
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