KUALA LUMPUR: RAM Rating Services has assigned preliminary ratings of AA2/Stable and P1 to Tan Chong Motor Holdings Bhd
’s (TCMH) proposed RM1.5bil medium-term notes (2014/2034) and RM1.5bil commercial papers (2014/2021).
The ratings agency said on Monday it had also reaffirmed TCMH’s AA2/Stable/P1 corporate credit ratings.
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