KLK fully redeems RM1 bil IMTN Programme

Published on 05 Sep 2022.

Share Tweet Email

RAM Ratings has withdrawn the AA1/Stable rating of Kuala Lumpur Kepong Berhad’s (the Group) RM1.0 bil Multi-Currency Islamic Medium-Term Notes (IMTN) Programme (2012/2022) after the outstanding amount of the notes was fully redeemed on 2 September 2022. Accordingly, we no longer have any rating obligation in respect of the facility. 

We will, however, maintain surveillance of the Group’s following debt issues:



RM2.0 bil IMTN Programme (2022/2052)


RM2.0 bil IMTN Programme (2019/2039)


RM1.6 bil Multi-Currency IMTN Programme (2015/2027)


Global Corporate Credit Ratings



Analytical contacts
Wong Ee Loo
(603) 3385 2521

Thong Mun Wai
(603) 3385 2522


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 2022 by RAM Rating Services Berhad

Ratings on Kuala Lumpur Kepong Berhad