FW: MARC WITHDRAWS RATING ON BOUSTEAD HOLDINGS' RM1.0 BILLION BANK-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 BOUSTEAD HOLDINGS’ RM1.0 BILLION BANK-GUARANTEED MTN PROGRAMME

 

MARC has withdrawn its AAA_(bg) rating on Boustead Holdings Berhad’s RM1.0 billion Bank-Guaranteed Medium-Term Notes Programme. The rating withdrawal follows the full redemption and expiry of the programme as confirmed by the facility agent.

 

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

 

Contacts: Saifuruddin Othman, +603-2717 2945/ saifuruddin@marc.com.my; Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my

 

December 7, 2017

 

 

 

 

[This announcement is available in the MARC 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.

 

© 2017 Malaysian Rating Corporation Berhad

 

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