Business

SP Setia Bhd fully redeems bonds

KUALA LUMPUR, Nov 28 ―  Malaysia’s RAM Ratings has received confirmation that S P Setia Berhad fully redeemed its RM500 million Nominal Value of 2 per cent Redeemable Serial Bonds (2007/2012) on 23 November 2012.

Following this, RAM Ratings no longer has any rating obligation on the debt issue, which had previously carried an AA3 rating, with a stable outlook. ― Reuters

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