[RAM] RAM Ratings withdraws YTL Corp's CP Programme rating following Programme expiry

RAM Ratings has withdrawn the P1 rating of YTL Corporation Berhad’s (YTL Corp) RM5 bil Commercial Paper (CP) Programme (2019/2026) following confirmation from the Facility Agent that programme has expired with no outstanding CPs, thereby removing RAM’s rating coverage of the programme.

The AAA/Stable ratings of its RM5 bil MTN Programme (2019/2044) as well as the Company’s RM2 bil MTN Programme (2013/2038) remain under surveillance.

An investment holding company, YTL Corp’s credit standing is supported by a diversified portfolio spanning power generation, water and sewerage services, cement and building materials, property, construction, hotels and telecommunications.


Analytical contacts
Lee Jo Yee
(603) 2708 8261
joyee@ram.com.my

Davinder Kaur Gill
(603) 2708 8220
davinder@ram.com.my

Media contacts
Sakinah Arifin
(603) 2702 8212
sakinah@ram.com.my