RAM Ratings head of data analytics Julie Ng told StarBiz the rating agency has placed a negative outlook for the automotive, media, oil and gas support services, commercial property and construction sectors.
PETALING JAYA: Bond issuers in the non-financial space could come under further pressure this year due to weaker economic prospects and external headwinds.
These issuers could face the possibility of their debt ratings being lowered by rating agencies, hence placing them on negative outlook in the agencies’ portfolios.
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