Top lead managers honoured at 21st RAM League Awards

Published on 06 Mar 2024.

Share Tweet Email

6th March 2024 – RAM Rating Services Berhad (RAM Ratings) today recognised the top lead arrangers of Malaysian corporate bonds and sukuk rated by the agency in 2023. A total of 12 awards in four categories were presented at the 21st RAM League Awards (RLA). RAM Ratings rated 26 issues (aggregating RM146.5 billion) out of a total 38 rated corporate bonds and sukuk issues (amounting to RM178.3 billion) last year. 

For the second consecutive years, Maybank Investment Bank Berhad (Maybank Investment) took pole position in the league tables for lead managing corporate bonds, by programme size and number of issues. Maybank Investment also ranked first in the corresponding sukuk issuance league tables, clinching a total of four awards.

Another strong podium finisher was CIMB Investment Bank Berhad, garnering a total of three awards in three categories, including top position as lead arranger for the highest number of sukuk issuances in 2023. Other notable winners were AmInvestment Bank Berhad, Hong Leong Investment Bank Berhad and Public Investment Bank Berhad. 

“RAM Ratings congratulates all winners of the 21st RAM League Awards for their achievements. The pipeline of financing through the Malaysian primary debt capital market stayed promising in 2023, which saw new programmes totaling RM218 billion being established, 66% of which was rated by RAM. We would not have been able to achieve this without the support of the lead arrangers whom we honour today,” said Awang Za’aba Awang Mahmud, RAM Ratings Chief Executive Officer. “We hope the RLA will continue to be the definitive hallmark that will inspire leading financial institutions and lead managers to work harder to advance the Malaysian debt capital market,” he added.

 

About RAM League Awards
The RAM League Awards recognise leading financial institutions (FIs) that made outstanding contributions to the Malaysian bond and sukuk market in a particular year. The RLA acknowledges the work of the most influential and outstanding FIs that are thought leaders, innovators and visionaries in the Malaysian bond and sukuk market.

The RAM League Tables rank lead managers by the value and number of deals for all RAM-rated bonds for the year. Credit is given to the entire debt programme regardless of the type of instrument, as long as the debt was issued during the period, either in full or in part. Go to https://www.ram.com.my/ratings/ for further details on the criteria for the RAM League Tables.

 

Media contacts:
Firhan Yasser
+603 3385 2526
firhan@ram.com.my

Athirah Fauzy
+603 3385 2505 
nurathirah@ram.com.my

 

About RAM Rating Services Berhad (RAM Ratings) 

Established in 1990, RAM Ratings is a leading credit rating agency registered under the Securities Commission’s Guidelines on Registration of Credit Rating Agencies, 2011. In addition to the provision of credit ratings for corporate bonds and sukuk and their issuers, RAM Ratings also provides research and publications on Islamic finance, fixed income and macro-economic and industry analysis as well as data analytics relating to credit risk, counterparty assessments and other related domains.

Disclaimer 

ALL INFORMATION IS PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND. Although every reasonable care has been taken to ensure the accuracy, completeness and objectivity of the information contained in this Media Release, RAM Ratings makes no representation or warranty, whether express or implied, as to its accuracy, completeness and objectivity and accepts no responsibility or liability relating to any losses or damages howsoever suffered by any person arising from any reliance on the views expressed or information in this Media Release. RAM Ratings assumes no obligation to update any information or statement contained herein, save for any information required to be disclosed by law. 

Published by RAM Rating Services Berhad 
© Copyright 2024 by RAM Rating Services Berhad All rights reserved. 
This material may not be published, reproduced, broadcast, rewritten or redistributed without prior permission.