Khazanah-backed Cenergi SEA issues RM1.5b sukuk

Cenergi SEA Bhd received preliminary A1/Stable rating for the senior sukuk and A3/Stable rating for the subordinated perpetual sukuk with a combined limit of RM1.5 billion from RAM Ratings.

The rating agency has also assigned A1/Stable/P1 corporate ratings to the country’s largest biogas power plant operator, which is backed by sovereign wealth fund Khazanah Nasional Bhd.

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