Press Releases MARC WITHDRAWS SPRINT’S ISSUE RATING FOLLOWING FULL REDEMPTION

Tuesday, Jan 05, 2021

MARC has received confirmation that Sistem Penyuraian Trafik KL Barat’s (SPRINT) RM510.0 million Al-Bithaman Ajil Islamic Debt Securities (BaIDS) have been fully redeemed and cancelled on December 29, 2020.

Accordingly, MARC has withdrawn its A+IS/Developing rating and will no longer provide analytical coverage on the issuer. 

Contacts:
Ati Affira Kholid, 03-2717 2941/ affira@marc.com.my;
Hafiza Abdul Rashid, 03-2717 2955/ hafiza@marc.com.my