MARC has assigned a final rating of AA_IS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk.

Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the Sukuk Murabahah have not changed in any material way from the draft documentation on which the earlier preliminary rating of AA_IS was based.

Full details on the assigned rating have been provided in Fortune Premiere’s preliminary rating announcement on October 16, 2017. The Credit Analysis Report is available on MARC’s website at www.marconline.com.my.

Contacts:
Hari Vijay, +603-2717 2937/ harivijay@marc.com.my;
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my.