KUALA LUMPUR: Serba Dinamik Holdings Bhd's proposal to buy back US$100mil (RM430mil) using two long-term bank facilities has received positive response from S&P Global Ratings and Fitch Ratings.
S&P said on Friday Serba Dinamik's (B+/Stable/--) proposed bond buyback will reduce financing costs and diversify its capital sources.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.