RAM reaffirms ratings of ORIX Leasingâ€™s debt facilities
RAM Ratings has reaffirmed the A1/stable/P1 ratings of ORIX Leasing Malaysia Berhad’s (ORIX Leasing or the Company) CP/MTN Programme of up to MYR 500 million. RAM have also reaffirmed the AAA(bg)/stable/- rating of the Company’s up to MYR 150 million Bank-Guaranteed MTN Programme as well as the P1 rating of its up to MYR 150 million CP Programme. The AAA(bg) rating reflects the guarantee from Malayan Banking Berhad, rated AAA/Stable/P1 by RAM. The guarantee enhances the credit profile of this debt facility beyond the Company’s credit strength.