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MARC has assigned ratings on Sunway group’s existing debt and sukuk as follows:
RM2.0 billion 7-year (2013-2020) CP/MTN programme issued by Sunway Berhad at MARC-1/AA-; and
RM2.0 billion 7-year (2015-2022) ICP/IMTN Sukuk programme issued by Sunway Treasury Sukuk Sdn Bhd (STSSB) with Al-Kafalah guarantee from Sunway Berhad at MARC-1IS(cg) /AA-IS(cg).
The outlook on the ratings i...
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