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Naim redeems Islamic debt issues

Published: 01/04/2014 04:26:47 PM GMT
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RAM Ratings has received confirmation that Naim Holdings Berhad fully redeemed its RM500 million IMTN Programme (2010/2025) and RM100 million I (more)

RAM Ratings has received confirmation that Naim Holdings Berhad fully redeemed its RM500 million IMTN Programme (2010/2025) and RM100 million ICP Programme (2010/2017) on 31 March 2014, ahead of maturity. As such, we have withdrawn the ratings of the said instruments, which were last reaffirmed at AA3/Negative/P1 on 24 December 2012, and no longer have any rating obligation in respect of the facilities.

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