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Malaysian bond market’s top performers feted at RAM League Awards 2020

Published on 16 Jul 2020.

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CIMB Investment Bank Berhad (CIMB) takes pole position in RAM’s Lead Managers’ League Tables for 2019, leading its peers in both the value and number of deals rated by RAM last year. CIMB arranged RM18.9 bil or 32% of the RM58.6 bil of RAM-rated corporate bonds in 2019. Maybank Investment Bank Berhad (Maybank) comes a close second, having arranged RM18.6 bil or 31% of the same. 

Having jointly lead managed several RAM-rated transactions, CIMB and Maybank rank among the top two in sukuk deals, both in terms of number of deals and programme size. 

The RAM League Awards (RLA) ceremony is held annually, in recognition of the most influential and outstanding financial institutions (FIs) and organisations that are thought leaders, innovators and visionaries in the Malaysian bond and sukuk markets. The RLA fetes exceptional transactions and organisations that pioneer new structures and landmark deals. Telekosang Hydro One Sdn Bhd’s green sukuk stood out in 2019 and has been awarded the Blueprint award. Telekosang’s green sukuk represents the world’s first mini-hydro project that is aligned with the requirements of Securities Commission Malaysia’s Sustainable and Responsible Investments Sukuk Framework, the ASEAN Green Bond Standards, and the Green Bond Principles.

RAM congratulates all winners and hopes that the RLA will remain the industry yardstick for FIs and issuers alike in advancing the Malaysian debt capital market.

 

View winners album here.

 

Media contacts:

Firhan Yasser
+603 3385 2526
firhan@ram.com.my

Padthma Subbiah
+603 3385 2577
padthma@ram.com.my

 

 

The RAM League Tables list lead managers by the value and number of deals for all RAM-rated bonds. Credit is given to the entire debt programme regardless of the type of instrument, as long as the debt had been issued during the period, either in full or in part. Please refer to our website for further details on the criteria for the RAM League Tables.

 

 

The credit rating is not a recommendation to purchase, sell or hold a security, inasmuch as it does not comment on the security’s market price or its suitability for a particular investor, nor does it involve any audit by RAM Ratings. The credit rating also does not reflect the legality and enforceability of financial obligations.

RAM Ratings receives compensation for its rating services, normally paid by the issuers of such securities or the rated entity, and sometimes third parties participating in marketing the securities, insurers, guarantors, other obligors, underwriters, etc. The receipt of this compensation has no influence on RAM Ratings’ credit opinions or other analytical processes. In all instances, RAM Ratings is committed to preserving the objectivity, integrity and independence of its ratings. Rating fees are communicated to clients prior to the issuance of rating opinions. While RAM Ratings reserves the right to disseminate the ratings, it receives no payment for doing so, except for subscriptions to its publications.

Similarly, the disclaimers above also apply to RAM Ratings’ credit-related analyses and commentaries, where relevant.

Published by RAM Rating Services Berhad
© Copyright 2020 by RAM Rating Services Berhad



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