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RAM assigns 'AA3' rating to Edra Energy's sukuk
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today 01 January 2018 GMT

PETALING JAYA RAM Ratings has assigned an AA3stable rating to Edra Energy Sdn Bhd's proposed sukuk wakalah of up to RM5.28 billion in nominal value (20172037) to fund the largest gas plant in Malaysia. In a statement today, the rating agency said it reflects the company's strong project economics, underscored...

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