RAM Ratings reaffirms Bernas' RM750m debt notes, but revises outlook to negative


KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the respective long- and short-term ratings of Padiberas Nasional Bhd's (Bernas) RM750mil Islamic commercial papers/medium-term notes Programme (2010/2017) (ICP/MTN) at AA3 and P1.

"At the same time, the outlook on the long-term rating has been revised to negative from stable," it said on Wednesday.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
RAM Ratings , Bernas , Debt Notes , Negative

Next In Business News

Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator
One Credit debuts smart fintech system
Infraharta Holdings wins RM11.4mil construction job

Others Also Read