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null Sabah Credit Corporation fully redeems RM1.75 bil ICP

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Sabah Credit Corporation fully redeems RM1.75 bil ICP

30 Apr 2021 | Friday source: RAM Ratings

RAM Ratings has withdrawn the P1 rating of Sabah Credit Corporation’s RM1.75 bil Islamic Commercial Papers (2014/2021) following the maturity and full redemption of the facility on 23 April 2021. As such, we no longer have any rating obligation in respect of the said instrument.

However, we will maintain surveillance of Sabah Credit Corporation’s following sukuk programmes:



  1. RM3.5 billion Islamic Medium-Term Notes Programme (2014/2039)
  2. RM1 billion Islamic Medium-Term Notes Programme (2011/2031)
  3. Proposed RM1.75 billion Islamic Commercial Papers Programme




Published on 30 April 2021.

Analytical contact

Jeremy Noel Paul 

(603) 3385 2556


Media contact

Padthma Subbiah

(603) 3385 2577


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