Jan 9, 2014 -
MARC has withdrawn its
MARC-1ID/AAAID ratings on MISC Berhad’s (MISC) RM1.0 billion Murabahah
Commercial Papers/Medium Term Notes (Murabahah CP/MTN) programme. The
withdrawal follows the expiry of the programme on December 27, 2013 as
confirmed by the facility agent. There was no outstanding amount under the
programme prior to its expiration.
MARC’s analytical coverage on
MISC is now limited to the RM2.5 billion Islamic Medium Term Notes (IMTN)
programme which is currently rated AAAID with a stable outlook. MARC is
finalising the review on the IMTN programme.
Contacts:
Sharidan Salleh, +603-2082 2254/
sharidan@marc.com.my;
Se Tho Mun Yi, +603-2082 2263/ munyi@marc.com.my.
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