Displaying 1-10 of 419 results.
Tuesday, Oct 17, 2017
MARC ASSIGNS PRELIMINARY RATING OF AAIS TO FORTUNE PREMIERE’S RM3.0 BILLION SUKUK MURABAHAH; OUTLOOK STABLE
MARC has assigned a preliminary rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) proposed RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk. Wholly owned by IOI Properties Group Berhad (IOI Properties), For...
This article has been viewed 20 times.
Wednesday, Oct 04, 2017
MARC has affirmed its AAAIS rating on special purpose vehicle Aman Sukuk Berhad’s (Aman) Islamic Medium-Term Notes (IMTN) programme of up to RM10.0 billion with a stable outlook. The affirmed rating is premised on the credit strength of the Malaysian government as the sole paymaster of the sublease rentals which are sufficient to meet the principal and profit payments under the IMTN progra...
This article has been viewed 34 times.
Wednesday, Aug 23, 2017
MARC ASSIGNS PRELIMINARY RATING OF MARC-1IS TO TITIJAYA’S RM150.0 MILLION ISLAMIC CP PROGRAMME; OUTLOOK STABLE
MARC has assigned a preliminary short-term rating of MARC-1IS to Titijaya Land Berhad’s (Titijaya) proposed RM150 million Islamic Commercial Papers (ICP) Programme. The outlook on the rating is stable. The rating incorporates Titijaya’s fairly established property development track record, strong profitability margins and moderate financial flexibility. Notwithstanding these factors, the...
This article has been viewed 40 times.
Thursday, Aug 03, 2017
MARC ASSIGNS A FINAL RATING OF AAAIS TO PUTRAJAYA BINA’S RM1.58 BILLION SUKUK WAKALAH PROGRAMME; OUTLOOK STABLE
MARC has assigned a final rating of AAAIS with a stable outlook to Putrajaya Bina Sdn Bhd’s (PBSB) proposed Islamic Medium-Term Notes (Sukuk Wakalah) Programme of up to RM1.58 billion. MARC had earlier assigned a preliminary rating of AAAIS/stable to the proposed issuance in February 2016. As announced earlier, PBSB, a wholly-owned subsidiary of Putrajaya Holdings Sdn Bhd (PJH), is underta...
This article has been viewed 92 times.
Tuesday, May 02, 2017
MARC AFFIRMS ITS MARC-1IS/AA-IS RATINGS ON UEM SUNRISE’S TWO ISLAMIC CP/ISLAMIC MTN PROGRAMMES OF RM2.0 BILLION EACH
MARC has affirmed its ratings of MARC-1IS/AA-IS on UEM Sunrise Berhad’s (UEM Sunrise) two Islamic Commercial Paper and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The ICP/IMTN-1 and ICP/IMTN-2 each has a nominal value of RM2.0 billion with a sublimit of RM500.0 million on the ICP programmes. The outlook on the ratings is stable. Majority-owned by UEM Group Berhad (UEM Gr...
This article has been viewed 117 times.
Friday, Apr 07, 2017
MARC has affirmed its ratings on special purpose company Inverfin Sdn Bhd’s (Inverfin) RM200 million Medium-Term Notes (MTN) programme comprising RM185 million Tranche A notes and RM15 million Tranche B notes at AAA and AA respectively. The outlook on the ratings is stable. The current outstanding notes is RM160 million under Tranche A while no notes have been issued under Tranche B. The n...
This article has been viewed 51 times.
Tuesday, Mar 28, 2017
MARC has affirmed its rating of AAA(fg) on Segi Astana Sdn Bhd's (Segi Astana) RM470.0 million Medium-Term Notes (MTN) programme with a stable outlook. The affirmed rating and outlook are based on the unconditional and irrevocable financial guarantee insurance provided by Danajamin Nasional Berhad (Danajamin) on which MARC has an insurer financial strength rating of AAA/stable and long-term count...
This article has been viewed 83 times.
Friday, Mar 10, 2017
MARC has affirmed its ratings of MARC-1/AA on Murud Capital Sdn Bhd’s (Murud Capital) Senior Commercial Papers/Medium-Term Notes Programme (Senior CP/MTN Programme) of up to RM290 million. The outlook on the ratings is stable. Murud Capital currently has an outstanding RM279 million Senior CP under the Senior CP/MTN Programme. Murud Capital is a special purpose vehicle incorporated by MRCB...
This article has been viewed 81 times.
Wednesday, Mar 08, 2017
MARC ASSIGNS AAA, AA AND B- RATINGS TO SPECIAL CORAL’S UP TO RM250 MILLION SENIOR CLASS A MTN, RM50 MILLION SENIOR CLASS B MTN AND RM800 MILLION SUBORDINATED CLASS MTN; OUTLOOK STABLE
MARC has assigned ratings of AAA, AA and B- to Special Coral Sdn Bhd’s (Special Coral) up to RM250 million Senior Class A Medium-Term Notes (MTN) (Class A MTN), RM50 million Senior Class B MTN (Class B MTN) and RM800 million Subordinated Class MTN respectively. The ratings outlook is stable. The Senior and Subordinated Class MTN will be issued from Special Coral’s existing RM1.1 billion MTN Pr...
This article has been viewed 71 times.
Friday, Feb 24, 2017
MARC ASSIGNS MARC-1 AND AAA/AA/A RATINGS TO KINABALU CAPITAL’S CP AND CLASS A/B/C MTN ISSUANCES RESPECTIVELY UNDER ISSUE 2 OF UP TO RM170 MILLION; OUTLOOK STABLE
MARC has assigned long-term ratings of AAA, AA and A to Kinabalu Capital Sdn Bhd’s (Kinabalu Capital) medium-term notes (MTN) RM130 million Class A, RM25 million Class B and RM15 million Class C respectively. Concurrently, MARC has assigned a MARC-1 rating to Kinabalu Capital’s issue of up to RM170 million commercial papers (CP). The issuance of the rated MTN and/or CP with a combined is...
This article has been viewed 86 times.