MARC has withdrawn its ratings of MARC-1ID/AA-ID on WCT Holdings Berhad’s (WCT Holdings) RM300.0
million Islamic Commercial Paper/Medium-Term Notes (ICP/IMTN) Programme. The
ICP/IMTN Programme matured on April 15, 2015 and was subsequently cancelled by
the facility agent.
MARC’s analytical coverage on WCT Holdings is now
limited to the following rated debt issuances:
·
RM600.0
million 5-year Fixed Rate Serial Bonds rated AA-/ Stable;
·
RM1.0
billion 15-year MTN Programme rated AA-/ Stable; and
·
RM1.5
billion 15-year Sukuk Murabahah Programme rated AA-IS/ Stable.
Contact: Ngiam Tee Wei, +603-2082 2268/ teewei@marc.com.my.
June 10, 2015
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