RAM Ratings reaffirms KL Kepong’s ratings


KUALA LUMPUR: RAM Rating Services has reaffirmed the global corporate credit ratings of Kuala Lumpur Kepong Bhd (KLK) at gA3/Stable/gP2.

It said on Wednesday it also reaffirmed the national-scale ratings of KLK’s RM300mil Sukuk Ijarah CP/MTN Programme (2011/2016) and Multi-Currency IMTN Programme of up to RM1bil (or its equivalent in foreign currencies) (2012/2022) at AA1/Stable/P1 and AA1/Stable, respectively.

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