PETALING JAYA: RAM Ratings has assigned a gA2(S)/Stable global rating on Cagamas Global Plc’s proposed multi-currency euro medium-term notes (EMTN) programme of US$2.5bil (RM7.88bil).
The agency said Cagamas Bhd’s gA2/Stable/gP1 ratings, meanwhile, were underpinned by its robust asset quality, solid capitalisation and systemic position within the Malaysian capital markets in its role as a liquidity provider.
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