Published on 30 Jun 2020.
RAM Ratings has received confirmation that RHB Bank Berhad (the Group) had fully redeemed all outstanding notes under its RM3 bil MTN Programme (2007/2027) and subsequently terminated the programme on 26 June 2020. As such, we have withdrawn the respective AA2 and AA3 ratings of the senior and subordinated notes under the programme and no longer have any rating obligation in respect of the facility. The ratings had carried a stable outlook.
However, we will maintain surveillance of RHB Bank’s AA2/Stable/P1 financial institution ratings as well as the ratings of the Group’s following debt programmes:
Loh Kit Yoong
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Ratings on RHB Bank Berhad