Boost secures investment-grade rating from RAM


Boost chief executive officer Sheyantha Abeykoon

PETALING JAYA: Boost, the fintech arm of Axiata Group Bhd, becomes the first fully digital financier in South-East Asia to secure an investment-grade A1 rating from RAM for its maiden tranche of Senior Class A Medium Term Notes (MTN) of securitised financing receivables.

The rating that comes with a tenure of 30 months will be issued by a Special Purpose Vehicle (SPV) Salvare Assets Bhd and reviewed on an annual basis.

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