Displaying 1-10 of 429 results.
Wednesday, Oct 10, 2018
MARC has affirmed its AAAIS rating with a stable outlook on Putrajaya Bina Sdn Bhd’s (PBSB) RM1.58 billion Islamic Medium-Term Notes (Sukuk Wakalah) Programme. PBSB is developing nine blocks of government office buildings and one block of shared facilities in Parcel F, Precinct 1, Putrajaya under a 28-and-a-half-year concession agreement with the Malaysian government. The RM1.9 billion dev...
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Monday, Aug 27, 2018
MARC has removed its MARC-1/AA ratings on Murud Capital Sdn Bhd’s Senior Commercial Papers/Medium-Term Notes (Senior CP/MTN) programme of up to RM290.0 million from MARCWatch Negative. Concurrently, MARC has attached a negative outlook to the ratings. Murud Capital is the funding vehicle for MRCB-Quill REIT, the owner of Platinum Sentral, a commercial building with net lettable area (NLA) ...
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Thursday, Aug 23, 2018
MARC has affirmed its AAAIS rating on Aman Sukuk Berhad’s (Aman) Islamic Medium-Term Notes (IMTN) programme of up to RM10.0 billion with a stable outlook. The outstanding IMTNs under the rated programme stood at RM5.15 billion as at July 31, 2018. The rating is premised on the credit strength of the Malaysian government to meet the sublease rental obligations on 74 developments for the Pol...
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Thursday, Aug 23, 2018
MARC WITHDRAWS RATING ON PUTRAJAYA HOLDINGS’ RM2.2 BILLION MURABAHAH MTN PROGRAMME UPON EARLY CANCELLATION
MARC has withdrawn its rating of AAAIS on Putrajaya Holdings Sdn Bhd’s RM2.2 Billion Murabahah Medium-Term Notes (MTN) Programme. The rating withdrawal follows the early cancellation of the programme as confirmed by the facility agent on August 15, 2018. MARC’s analytical coverage on Putrajaya Holdings is now limited to the following issuances: RM370.0 million Sukuk Musharakah Progr...
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Wednesday, Aug 01, 2018
MARC has affirmed its short-term rating of MARC-1IS on Titijaya Land Berhad’s (Titijaya) RM150.0 million Islamic Commercial Papers (ICP) Programme with a stable outlook. The outstanding notes under the programme stood at RM50.0 million as at end-July 2018. The rating incorporates Titijaya’s fairly established property development track record with a primary focus on the more resilient me...
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Monday, May 28, 2018
MARC has placed Murud Capital Sdn Bhd’s debt ratings on MARCWatch Negative. Murud Capital currently has an outstanding RM279 million Senior Commercial Papers under the Senior Commercial Papers/Medium-Term Notes (Senior CP/MTN) programme of up to RM290 million. The programme is currently rated MARC-1/AA with a stable outlook. The programme is secured by a first legal charge over Murud Capit...
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Monday, May 28, 2018
MARC WITHDRAWS RATINGS ON INVERFIN’S RM185 MILLION TRANCHE A NOTES AND RM15 MILLION TRANCHE B NOTES UNDER RM200 MILLION MTN PROGRAMME
MARC has withdrawn its ratings of AAA and AA on Inverfin Sdn Bhd’s RM185.0 million Tranche A Notes and RM15.0 million Tranche B Notes under its RM200.0 million Medium-Term Notes (MTN) Programme. The ratings withdrawal follows the full redemption of the outstanding first issuance of RM160.0 million Tranche A Notes upon its expected maturity on February 28, 2018. The redemption was met by proceed...
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Friday, May 25, 2018
MARC has withdrawn its ratings of AAA and AA on Special Coral Sdn Bhd’s (Special Coral) RM300.0 million Senior Class Medium-Term Notes (MTN) under the RM1.1 billion MTN Programme. The rating withdrawal follows the completion of the refinancing exercise and full redemption of outstanding RM160.0 million Class A MTN and RM40.0 million Class B MTN. There were no issuances for Senior Class C throug...
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Wednesday, May 16, 2018
MARC AFFIRMS RATINGS ON SPECIAL CORAL’S SENIOR AND SUBORDINATED NOTES UNDER RM1.1 BILLION MTN PROGRAMME
MARC has affirmed its ratings of AAA, AA and B- on Special Coral Sdn Bhd’s RM250.0 million Senior Class A Medium-Term Notes (MTN) (Class A MTN), RM50.0 million Senior Class B MTN (Class B MTN) and RM800.0 million Subordinated Class MTN respectively. The outlook on the ratings is stable. As at March 31, 2018, Special Coral has outstanding Senior Class A MTN of RM200.0 million and Subordinated Cl...
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Friday, Apr 06, 2018
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 Papers and Islamic Medium-Term Notes programmes (ICP/IMTN-1 and ICP/IMTN-2). The outlook on the ratings is stable. The ICP/IMTN-1 and ICP/IMTN-2 each has a programme limit of RM2.0 billion with a sublimit of RM500.0 million on the ICP issuances. UEM Sunrise’s long-term rating inc...
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