Published on 04 Nov 2020.
RAM Ratings has received confirmation from the Facility Agent that F&N Capital Sdn Bhd’s RM750 mil Commercial Papers Programme (2013/2020) had been automatically cancelled upon its maturity on 14 October 2020. Consequently, RAM has withdrawn the P1 rating and no longer has any rating obligation in respect of the programme.
That said, we will maintain surveillance on F&N Capital’s RM750 mil Medium-Term Notes Programme (2013/2028), which is rated AA1/Stable.
Wong Ee Loo
(603) 3385 2521
(603) 3385 2577
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Ratings on F&N Capital Sdn Bhd