HEWLETT-PACKARD SALES (M) SDN BHD’S (HPSM) RM160mil guaranteed fixed rate bonds' rating of A3(s) has been reaffirmed by Rating Agency Malaysia Bhd (RAM).
The rating was premised on the strength of the corporate guarantee provided by HPSM's ultimate holding company, Hewlett-Packard Co, USA (HP), which was presently rated A with a stable outlook by Standard & Poor's, RAM said in a statement.
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