Published on 14 Aug 2020.
RAM Ratings has received confirmation from PB Trustee Services Berhad that Axis REIT Sukuk Berhad (the Issuer) had fully redeemed the outstanding RM70 mil of its Class A1 Second Sukuk on the expected maturity date of 14 August 2020. As such, we have withdrawn the AAA rating of the Class A1 Second Sukuk and no longer have any rating obligation in respect of it.
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Ratings on Axis REIT Sukuk Berhad (Second Sukuk)