Monday, May 23, 2016

MARC WITHDRAWS RATING ON GAS MALAYSIA’S RM500 MILLION AL-MURABAHAH MTN PROGRAMME




MARC has withdrawn its AAAID rating on Gas Malaysia Berhad’s RM500 million Al-Murabahah Medium-Term Notes Programme (MTN Programme). The rating withdrawal follows the full redemption and cancellation of the MTN Programme on April 29 and May 18, 2016 respectively, as confirmed by the facility agent.

Upon the withdrawal of the rating, MARC will no longer be providing analytical coverage on the issuer.
 

Contacts: Neoh Jiun Yan, +603-2082 2263/ jiunyan@marc.com.my; Sharidan Salleh, +603-2082 2254/ sharidan@marc.com.my.

May 23, 2016

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