RAM ratings reaffirms UniTapah’s AA1 stable rating / News Team UiTM Perak

UiTM Perak, News Team (2020) RAM ratings reaffirms UniTapah’s AA1 stable rating / News Team UiTM Perak. UiTM News Hub. (In Press)

Abstract

RAM Ratings has reaff irmed the AA1/Stable rating of UniTapah Sdn Bhd’s (the Company) SukukMurabahah of up to RM600 mil (2014/2035). This is premised on the Company’s strong and predictablecashflow debt-service coverage, supported by prompt receipts of monthly Availability Charges (ACs) fromUniversity Teknologi MARA (UiTM). The rating is further supported by UniTapah’s good maintenance trackrecord and low counterparty risk.

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Item Type: Article
Creators:
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UiTM Perak, News Team
UNSPECIFIED
Subjects: L Education > LB Theory and practice of education > Higher Education
L Education > LG Individual institutions > Asia > Malaysia > Universiti Teknologi MARA > Perak
Divisions: Universiti Teknologi MARA, Perak
Journal or Publication Title: UiTM News Hub
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Keywords: UiTM News Hub; RAM ratings; reaffirms; UniTapah’s; AA1 stable rating
Date: August 2020
URI: https://ir.uitm.edu.my/id/eprint/85381
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