KUALA LUMPUR (March 27): TEXCHEM RESOURCES BHD [] fully redeemed its RM100 million debt facility on the scheduled maturity date of March 23.
RAM Rating Services Bhd said on Tuesday the debt facility was the commercial papers/medium-term notes programme (2005/2012).
“As such, RAM Ratings no longer has any rating obligation on the debt facility, which had previously been rated BBB1/P2, with a negative outlook,” said the rating agency.
RAM Rating Services Bhd said on Tuesday the debt facility was the commercial papers/medium-term notes programme (2005/2012).
“As such, RAM Ratings no longer has any rating obligation on the debt facility, which had previously been rated BBB1/P2, with a negative outlook,” said the rating agency.
