Gulf Investment Corporation fully redeemed RM400 mil Senior Unsecured Bonds (2008/2023)

Published on 07 Mar 2023.

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RAM Ratings has withdrawn the AAA rating of Gulf Investment Corporation GSC’s (GIC) RM400 mil Senior Unsecured Bonds (2008/2023) following confirmation that all outstanding bonds were fully redeemed on 3 February 2023. 

We will, however, maintain surveillance of GIC’s AAA/Stable/P1 corporate credit ratings and the AAA/Stable rating of its RM3.5 bil Sukuk Wakalah bi Istithmar Programme (2011/2031).


Analytical contacts
Loh Kit Yoong
(603) 3385 2493

Sophia Lee
(603) 3385 2619


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Published by RAM Rating Services Berhad
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Ratings on Gulf Investment Corporation GSC