Press Releases - Category: Residential Mortgages
Displaying 1-10 of 70 results.
Tuesday, Sep 12, 2017
MARC has withdrawn its AAAIS rating/stable outlook on Cagamas MBS Berhad’s RM410.0 million Tranche 5 issued under the RM2,050.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2005-1). The rating withdrawal follows the full redemption of the tranche as confirmed by the facility agent. MARC’s analytical coverage on CMBS 2005-1 is now limited to the outstanding RM400.0 million under t...

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Tuesday, Sep 12, 2017
MARC has withdrawn its AAA rating/stable outlook on Cagamas MBS Berhad’s RM525.0 million Tranche 4 issued under the RM2,410.0 million asset-backed fixed rate serial bonds (CMBS 2007-2). The rating withdrawal follows the full redemption of the tranche as confirmed by the facility agent. MARC’s analytical coverage on CMBS 2007-2 is now limited to the outstanding RM615.0 million under the r...

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Monday, Sep 11, 2017
MARC has withdrawn its AAAIS rating/stable outlook on Cagamas MBS Berhad’s RM400.0 million Tranche 4 under the RM2,110.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2007-1-i). The rating withdrawal follows the full redemption of the tranche as confirmed by the facility agent. MARC’s analytical coverage on CMBS 2007-1-i is now limited to the outstanding RM855.0 million under the...

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Monday, May 22, 2017
MARC has affirmed its rating of AAAIS on Cagamas MBS Berhad’s (Cagamas MBS) RM2,110.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2007-1-i) with a stable outlook. The sukuk programme has an outstanding amount of RM1,255.0 million as at end-October 2016. Cagamas MBS is a wholly-owned special purpose vehicle of Cagamas Holdings Berhad and was established to undertake the securitisat...

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Monday, May 22, 2017
MARC has affirmed its AAA rating on Cagamas MBS Berhad’s (Cagamas MBS) RM2,410.0 million asset-backed fixed rate serial bonds (CMBS 2007-2) with a stable outlook. The bonds programme has an outstanding amount of RM1,140.0 million as at end-August 2016. Cagamas MBS is a wholly-owned special purpose vehicle of Cagamas Holdings Berhad and was established to undertake the securitisation of con...

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Thursday, May 18, 2017
MARC has affirmed its AAAIS rating on Cagamas MBS Berhad’s (Cagamas MBS) RM2,050.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2005-1) with a stable outlook. The sukuk programme has an outstanding amount of RM810.0 million as at end-September 2016. Cagamas MBS is a wholly-owned special purpose vehicle of Cagamas Holdings Berhad and was established to undertake the securitisation o...

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Thursday, May 18, 2017
MARC has affirmed its AAA rating on Cagamas MBS Berhad’s (Cagamas MBS) RM2,060.0 million asset-backed fixed rate serial bonds (CMBS 2005-2) with a stable outlook. The bonds programme has an outstanding amount of RM995.0 million as at end-June 2016. Cagamas MBS is a wholly-owned special purpose vehicle of Cagamas Holdings Berhad and was established to undertake the securitisation of convent...

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Friday, Aug 26, 2016
MARC has affirmed its AAA rating on Cagamas MBS Berhad’s (Cagamas MBS) asset-backed fixed rate serial bonds (CMBS 2005-2) of RM2,060.0 million with a stable outlook. The rating action affects the outstanding bonds of RM995.0 million issued under CMBS 2005-2. The affirmed rating reflects the robust credit enhancement level of 195.5% on CMBS 2005-2 based on an outstanding principal balance of non...

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Friday, Aug 26, 2016
MARC has affirmed its AAA rating on Cagamas MBS Berhad’s (Cagamas MBS) RM2,410.0 million asset-backed fixed rate serial bonds (CMBS 2007-2) with a stable outlook. The rating action affects RM1,140.0 million of outstanding bonds. Cagamas MBS is a wholly-owned special purpose vehicle of Cagamas Holdings Berhad and was established to issue mortgage-backed securities via the securitisation of eligi...

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Friday, Jul 29, 2016
MARC has affirmed the AAAID rating on Cagamas MBS Berhad’s (Cagamas MBS) RM2,050.0 million asset-backed Sukuk Musyarakah issuance (CMBS 2005-1) with a stable outlook. The rating action affects the outstanding RM810.0 million sukuk issued under CMBS 2005-1. The key rating factor is CMBS 2005-1’s strong credit enhancement level of 217.5% as of September 30, 2015 (Quarter 42) on the back of...

This article has been viewed 146 times.