Litrak Fully Redeems Senior And Junior Debt Issues
Bernama reported on 18 April that Lingkaran Trans Kota Sdn Bhd (Litrak) fully redeems senior and junior debt issues.
RAM said, it will maintain surveillance on the AA2 ratings of Litrak's Sukuk Musyarakah Islamic Medium-Term Notes I Programme of up to RM1.15 billion and Sukuk Musyarakah Islamic Medium-Term II Programme up to RM300 million, as well as the P1 rating of the company's Islamic Commercial Papers Programme of up to RM100 million.
All the long-term ratings have a stable outlook, it said.
Source: http://www.bernama.com.my/bernama/v3/news_business.php?id=327699
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