Wednesday, 14 March 2012

Rubberex redeems RM1m debt notes ahead of deadline

KUALA LUMPUR (March 14): RUBBEREX CORPORATION (M) BHD [] made an early redemption on the RM1 million of outstanding notes under its RM50 million medium-term notes programme (2006/2013).

RAM Rating Services Bhd said on Wednesday the debt facility had consequently been cancelled.

“Following this, RAM Ratings no longer has any rating obligation on the facility, which had been previously rated A2, with a negative outlook,” it said.



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