Eternal Icon fully redeemed outstanding Senior Class MTNs via refinancing

Published on 01 Aug 2023.

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RAM Ratings has received confirmation that Eternal Icon Sdn Bhd fully redeemed outstanding RM86 mil of Senior Class Medium Term Notes (MTNs) under the first issuance of its RM400 mil MTN Programme on 28 July 2023. The redemption was made through the successful issuance of ASEAN Green MTNs under the MTN Programme (click here for more information). Accordingly, we have withdrawn the AAA/Stable rating of the first issuance and no longer have any rating obligation in respect of it. The first issuance was last rated on 29 March 2023 (click here).


Analytical contacts
Liew Kar Ling
(603) 3385 2586

Lim Chern Yit
(603) 3385 2528


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Published by RAM Rating Services Berhad
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