Thursday 07, February 2013 by Isla MacFarlane

RAM withdraws ratings of PINS Capital’s Sukuk

RAM Ratings has received confirmation that, as of 16 January 2013, PINS Capital had placed sufficient funds with TMF Trustees Malaysia Berhad for the full redemption of its Islamic Commercial Papers/Medium-Term Notes Programme (ICP/IMTN), which is scheduled to mature on 9 May 2013.

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