MARC has reaffirmed MHS Aviation Berhad’s (MHSA) A+ID rating on its RM140 million Junior Notes Issue (JNs) reflecting its dominant position as provider of contracted helicopter air transportation services to major oil and gas (O&G) companies including Exxon Mobil Exploration & Production Malaysia Inc (EMEPMI), Sarawak Shell Sdn Bhd and PETRONAS Carigali Sdn. Bhd. (PCSB). MARC dra...

The rating reaffirmation of AAID for MHS Aviation Berhad’s (MHSA) Al-Bai Bithaman Ajil Islamic Debt Securities (BaIDS) reflects the company’s continued dominant position in the provision of aviation services to the oil and gas industry supported by its favourable outlook and strong cash flow protection to the bondholders derived from the substantial contractual revenue and monies dep...

MARC has reaffirmed the rating of AAID for MHS Aviation Berhad’s (MHSA) Al-Bai Bithaman Ajil Islamic Debt Securities (BaIDS). The reaffirmation reflects the company’s continued dominant position in the provision of aviation services to the oil and gas industry, favourable outlook prevailing in the oil and gas industry and strong cash flow protection to the bondholders derived from th...