RAM downgrades MRCB Southern Link's senior, junior Sukuk


KUALA LUMPUR: RAM Rating Services downgraded the long-term ratings of MRCB Southern Link Bhd's RM845mil secured Senior Sukuk and RM199mil Junior Sukuk and there was a high likelihood of defaulting on both Sukuk on Dec 21, 2012.

Below is the statement issued by RAM Ratings on Thursday:

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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