RAM Ratings withdraws YTL Corp’s CP Programme rating following Programme expiry

Published on 30 Jun 2026.

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RAM Ratings has withdrawn the P1 rating of YTL Corporation Berhad’s (YTL Corp) RM5 bil Commercial Paper (CP) Programme (2019/2026) following confirmation from the Facility Agent that programme has expired with no outstanding CPs, thereby removing RAM’s rating coverage of the programme.

The AAA/Stable ratings of its RM5 bil MTN Programme (2019/2044) as well as the Company’s RM2 bil MTN Programme (2013/2038) remain under surveillance.

An investment holding company, YTL Corp’s credit standing is supported by a diversified portfolio spanning power generation, water and sewerage services, cement and building materials, property, construction, hotels and telecommunications.

 

Analytical contacts
Lee Jo Yee
(603) 2708 8261
joyee@ram.com.my

Davinder Kaur Gill
(603) 2708 8220
davinder@ram.com.my

Media contacts
Sakinah Arifin
(603) 2702 8212
sakinah@ram.com.my

 

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.

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Similarly, the disclaimers above also apply to RAM Ratings’ credit-related analyses and commentaries, where relevant.

Published by RAM Rating Services Berhad
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