Displaying 1-10 of 418 results.
Friday, Feb 15, 2019
MARC has affirmed its AAAIS rating on MISC Berhad's RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. MISC is a key subsidiary of the national oil company Petroliam Nasional Berhad (PETRONAS). The affirmed rating benefits from a rating uplift from PETRONAS based on the significant operational and financial integration MISC has with its parent give...
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Wednesday, Jan 30, 2019
MARC has affirmed its AA-IS rating on MMC Corporation Berhad’s (MMC) RM2.5 billion Sukuk Murabahah Programme with a stable outlook. The rating reflects MMC’s longstanding track record and strong market position in key sectors of the domestic economy namely ports, engineering and utilities. Its ports and utilities divisions which are underpinned by long-term concessions, and its engineer...
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Friday, Nov 23, 2018
MARC has affirmed its ratings of A+IS and A-IS on DRB-HICOM Berhad’s (DRB-HICOM) Islamic Medium-Term Notes (IMTN) Programme of up to RM1.8 billion and Perpetual Sukuk Musharakah Programme (Perpetual Sukuk) of up to RM2.0 billion. The two-notch rating differential between the Perpetual Sukuk and the IMTN is in line with MARC’s not...
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Friday, Sep 07, 2018
MARC has affirmed its rating of AA- on Sports Toto Malaysia Sdn Bhd’s (Sports Toto) RM800.0 million 10-year Medium-Term Notes Programme (MTN-1) and RM800.0 million 15-year Medium-Term Notes Programme (MTN-2). The rating carries a stable outlook. The combined outstanding amount under the programmes, which cannot exceed RM800 million at any time, stood at RM745.0 million as at end-August 2018. ...
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Tuesday, Aug 28, 2018
MARC has withdrawn its ratings of AAA(bg) and AAA(fg) on Premier Merchandise Sdn Bhd’s RM300.0 million bank-guaranteed Medium-Term Notes (MTN) Programme and RM300.0 million Danajamin-guaranteed MTN Programme. The outstanding amount of RM100.0 million under the Danajamin-guaranteed Programme and RM75.0 million under the bank-guaranteed MTN Programme were fully redeemed on July 11, 2018 and ...
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Friday, Jun 29, 2018
MARC AFFIRMS ITS MARC-2IS RATING ON BINA DARULAMAN’S RM100.0 MILLION ISLAMIC COMMERCIAL PAPERS PROGRAMME
MARC has affirmed its short-term rating of MARC-2IS on investment holding company Bina Darulaman Berhad’s (BDB) RM100.0 million Islamic Commercial Papers (ICP) Programme. The outlook for the rating is stable. The outstanding notes under the programme stood at RM50.0 million as at end-March 2018. The rating affirmation primarily reflects BDB’s strong liquidity position and moderate debt l...
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Thursday, Apr 26, 2018
MARC HAS AFFIRMED ITS RATINGS OF MARC-1IS /AA-IS ON UEM EDGENTA BERHAD’S ISLAMIC CP/ISLAMIC MTN PROGRAMMES OF RM1.0 BILLION
MARC has affirmed its ratings of MARC-1IS /AA-IS on UEM Edgenta Berhad’s Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) under its Sukuk Murabahah programme of up to RM1.0 billion. The outlook on the ratings is stable. UEM Edgenta is majority-owned by UEM Group Berhad, a government-linked entity with significant business interests in key economic sectors. The affi...
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Thursday, Mar 29, 2018
MARC has affirmed its AAAIS rating on MISC Berhad's (MISC) RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. Currently, there is no outstanding amount under the IMTN programme. The affirmed rating incorporates rating uplift from MISC’s standalone rating based on MARC’s assessment of MISC’s significant operational and financial integration wi...
This article has been viewed 124 times.
Monday, Mar 26, 2018
MARC MAINTAINS AA-IS RATING WITH A STABLE OUTLOOK ON MMC’S SUKUK MURABAHAH PROGRAMME FOLLOWING PROGRAMME LIMIT UPSIZE TO RM2.5 BILLION
MARC has maintained its AA-IS rating on MMC Corporation Berhad’s (MMC) Sukuk Murabahah (Sukuk Murabahah) Programme following an upsize of the programme limit to RM2.5 billion from the original RM1.5 billion. The outlook on the rating is stable. MARC views that as the proceeds from the additional RM1.0 billion Sukuk Murabahah will be wholly utilised to redeem an existing term loan facility...
This article has been viewed 147 times.
Monday, Jan 29, 2018
MARC has affirmed its AAA(bg) and AAA(fg) ratings on Premier Merchandise Sdn Bhd’s (Premier Merchandise) RM300 million 7-year Medium-Term Notes (MTN) Programme (Tranche 1) and RM300 million 9-year MTN Programme (Tranche 2) respectively with a stable outlook. Tranche 1 and Tranche 2 are guaranteed by Malayan Banking Berhad (Maybank) and Danajamin Nasional Berhad (Danajamin) respectively. The rat...
This article has been viewed 157 times.