Published on 05 Aug 2019.
RAM Ratings has withdrawn the respective AAA(bg)/Stable and AAA(fg)/Stable ratings of Tranche 1 and Tranche 2 of NUR Power Sdn Bhd’s RM650 mil Guaranteed Sukuk Mudharabah (2012/2027). This follows the early redemption of the sukuk on 31 July 2019. As such, RAM no longer has any rating obligations in respect of the debt facility.
Yip Chee Meng
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Ratings on Nur Power Sdn Bhd