MARC has withdrawn its MARC-1/AAA and MARC-1/AA ratings on the RM160.0 million Class A notes and RM40.0 million Class B notes respectively under Inverfin Sdn Bhd’s (Inverfin) RM200.0 million Commercial Papers/Medium Term Notes (CP/MTN) Programme in conjunction with the full repayment of outstanding notes under the programme. The CP/MTN Programme was refinanced with a new RM200.0 million MTN Programme issued on February 28, 2013. Going forward, MARC’s rating surveillance will be limited to the AAA-rated RM185.0 million Tranche A notes and AA-rated RM15.0 million Tranche B notes under Inverfin’s new RM200.0 million MTN Programme.

Inverfin is a single property owner and issuer of the notes backed by Menara Citibank, a 50-storey office building located in Kuala Lumpur.

Contacts:
Koh Shu Yunn, +603-2082 2243/ shuyunn@marc.com.my;
Jason Kok, +603-2082 2258/ jason@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.