MARC has assigned a final rating of AAA(fg) to KMCOB Capital Berhad’s (KMCOB Capital) Guaranteed Serial Bonds of up to RM320 million (Guaranteed Serial Bonds) with a stable outlook.

Upon review of the final documentation of the forthcoming bond issuance, MARC is satisfied that the terms and conditions of the Guaranteed Serial Bonds have not changed in any material way from the draft documents on which the earlier preliminary rating of AAA(fg) was based.

Full details on the assigned rating have been provided in KMCOB Capital’s preliminary rating announcement on October 17, 2013. The full Credit Analysis Report will be made available on MARC’s website at www.marc.com.my.

Contacts:
Sharidan Salleh, +603-2082 2254/ sharidan@marc.com.my;
Se Tho Mun Yi, +603-2082 2263/ munyi@marc.com.my.