RAM reaffirms PLUS SPV’s AA1 rating


KUALA LUMPUR: RAM Rating Services Bhd has reaffirmed the AA1 rating of PLUS SPV Bhd’s issuance of up to a nominal value of RM2.8bil under its RM4bil sukuk musyarakah programme (2008/2026) with a stable outlook.

PLUS SPV is an independent special-purpose company through which PLUS Expressways Bhd (PEB) issued the sukuk to meet its funding requirements.

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