Gamuda proposes RM900m Islamic debt notes
KUALA LUMPUR: Gamuda Bhd has proposed a total of RM900 million in Islamic debt notes, available in two programmes.
The programmes are a RM800 million Islamic Medium-Term Notes (MTN) Programme (2010/2035) and RM100 million Islamic Commercial Papers (CP) Programme (2010/2017), for which RAM Ratings has assigned preliminary ratings of AA3 and P1 respectively, with a stable outlook.