Rating action          MARC Ratings has affirmed its MARC-1IS/AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) RM10.0 billion nominal value Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme. The ratings outlook is stable. Rationale The affirmed ratings reflect PDB’s well-established track record and its very strong mark...

Rating action     MARC Ratings has assigned final ratings of MARC-1IS/AAAIS to PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme with a combined limit of up to RM10.0 billion in nominal value. The ratings outlook is stable.     Rationale     PDB’s well-established domestic track...

MARC has affirmed its MARC-1IS/AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion with a stable outlook. The rated programme has no outstanding and will expire in March 2021.The ratings incorporate PDB’s strong domestic market position in trading petroleum products, its strong liquidity and con...

MARC has affirmed its MARC-1IS /AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion with a stable outlook. There is currently no outstanding amount under the rated programme. The ratings reflect PDB’s strong financial metrics, characterised by its strong liquidity and conservative capital ...

MARC has affirmed its MARC-1IS/AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion. The outlook on the ratings is stable. The ratings affirmation reflects PDB’s strong financial metrics, characterised by its sound liquidity and strong leverage position. PDB’s ratings also incorporate hi...

MARC has affirmed its MARC-1IS/AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion. The outlook on the ratings is stable. PDB’s ratings are equalised to the ratings of its parent, Petroliam Nasional Berhad (PETRONAS) on which MARC maintains public information ratings of AAA/MARC-1/Stable. ...

MARC has affirmed its MARC-1IS/ AAAIS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers (ICP) and Islamic Medium-Term Notes (IMTN) Programme of up to RM2.0 billion. The outlook on the ratings is stable. PDB’s affirmed ratings are equalised to that of its parent, Petroliam Nasional Berhad (PETRONAS) based on MARC’s assessment of a very strong parent-subsidiary relati...

MARC has affirmed its AAAIS/MARC-1IS ratings on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers and Islamic Medium-Term Notes Programme (Sukuk Programme) of up to RM2.0 billion. The outlook on the rating is stable. The affirmed ratings of PDB are equalised to the ratings of its parent Petroliam Nasional Berhad (PETRONAS) on which MARC maintains public information ratings of AAA/MARC-...

MARC has affirmed its ratings of MARC-1IS  /AAAIS on PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers and Islamic Medium-Term Notes (ICP/IMTN) Programme of up to RM2.0 billion. The outlook on the rating is stable. The affirmed ratings are equalised to the AAA/MARC-1/Stable ratings of PDB’s parent, Petroliam Nasional Berhad (PETRONAS) based on available public information. MARCâ...

MARC has assigned final ratings of MARC-1IS /AAAIS ratings to PETRONAS Dagangan Berhad’s (PDB) Islamic Commercial Papers and Islamic Medium Term Notes (ICP/IMTN) Programme of up to RM2.0 billion under the Islamic principle of Murabahah with a stable outlook. The ratings are equalised with MARC’s public information ratings on Petroliam Nasional Berhad’s (PETRONAS) AAA/MARC-1/Stabl...