MARC has withdrawn the AAA rating assigned to ABS Samudera Receivables Berhad’s RM5.0 million Tranche 2 under Notes Series A of its RM250.0 million Medium-Term Notes (MTN) Programme with immediate effect following the full redemption of Tranche 2 on April 27, 2009.

MARC’s rating obligation in respect of ASRB’s RM250.0 MTN programme is limited to the RM15.0 million currently outstanding under the remaining three AAA-rated tranches of Notes Series A. 

Contacts:
Azlina Mohamed Noor Beg 03-2090 2254/ azlina@marc.com.my;
Nadia Edmaz Abdul Hadi 03-2090 2262/ nadia@marc.com.my