KUALA LUMPUR: RAM Rating Service has received confirmation that SDE Land Sdn Bhd (SDE Land) redeemed the final tranche of its RM401 million debt notes amounting to Aug 19.
RAM Ratings said on Friday, Aug 20 following the redemption, the commercial papers/medium-term notes programme has been cancelled.
"As such, RAM Ratings no longer has any rating obligation on the CP/MTN Programme and the AAA/P1 ratings no longer apply," it said.
RAM Ratings said on Friday, Aug 20 following the redemption, the commercial papers/medium-term notes programme has been cancelled.
"As such, RAM Ratings no longer has any rating obligation on the CP/MTN Programme and the AAA/P1 ratings no longer apply," it said.
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