FW: MARC WITHDRAWS RATING ON SEGI ASTANA'S DANAJAMIN-GUARANTEED MTN PROGRAMME

 

 

 

P R E S S  A N N O U N C E M E N T

                                                                        

FOR IMMEDIATE RELEASE

 

MARC WITHDRAWS RATING ON SEGI ASTANA’S DANAJAMIN-GUARANTEED MTN PROGRAMME

 

MARC has withdrawn its rating of AAA_(fg)/Stable on Segi Astana Sdn Bhd’s (Segi Astana) RM470.0 million Danajamin-guaranteed Medium-Term Notes (MTN) Programme. The rating withdrawal follows the full redemption and subsequent cancellation of the Programme as confirmed by the facility agent on February 7, 2018.

 

Upon the withdrawal of the rating, MARC’s analytical coverage on Segi Astana is now limited to its recently issued RM415.0 million ASEAN Green MTN Facility (Green MTN), which carries a rating of AA-/Stable. For details on the rating of the Green MTN, please see MARC’s rating announcement on January 4, 2018.

 

Contacts: Wan Abdul Muiz Wan Abdul Ghafar, +603-2717 2939/ muiz@marc.com.my, Yap Lai Ken, +603-2717 2947/ laiken@marc.com.my.

 

February 9, 2018

 

 

 

[This announcement is available in MARC’s corporate homepage at http://www.marc.com.my]

   Disclaimer   

This communication is provided by Malaysian Rating Corporation Berhad (MARC) on the basis of information believed by MARC to be accurate and reliable as derived from publicly available sources or provided by the rated entity or its agents. MARC, however, has not independently verified such information and makes no representation as to the accuracy or completeness of such information. Any assignment of a credit rating by MARC is solely to be construed as a statement of its opinion and not a statement of fact. A credit rating is not a recommendation to buy, sell, or hold any security.

 

© 2018 Malaysian Rating Corporation Berhad

 

IMPORTANT NOTICE:
The information contained in this email and/or any attachment hereto is strictly confidential and privileged. If you are not the intended recipient, and/or have received this email in error, you must not copy, disseminate or disclose the contents of this message and/or any attachment to any other person. Please notify the sender and delete this message and any attachment from your system. Malaysian Rating Corporation Berhad (“MARC”) accepts no liability in respect of prohibited and unauthorised use by an unintended addressee or recipient. Any opinion, view or other information in this message and/or any attachment hereto which does not relate to the official business of MARC is that of the individual sender. Although this email and/or any attachment is believed to be free of any virus or other defect which may affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus-free and MARC accepts no responsibility for any loss or damage arising in any way from the use thereof.