KUALA LUMPUR: AmBank (M) Bhd has proposed to undertake a US$2bil Euro medium term note programme and Moody's Investors Service has assigned a provisional Baa1 foreign currency long-term senior unsecured rating.
The ratings agency said on Thursday the rating outlook for the debt notes was stable. It added the (P) Baa1 rating reflected the structure of the issue and it was aligned with AmBank's Baa1 foreign currency deposit rating.
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