MARC has affirmed its AAAIS(bg) and AAAIS(fg) ratings on Ranhill Power Sdn Bhd’s (RPSB) RM300 million bank guaranteed (Tranche 1) and RM500 million Danajamin Nasional Bhd (Danajamin) guaranteed (Tranche 2) Sukuk Musharakah facilities respectively. The outlook for both ratings is maintained at stable.The rating on Tranche 1 reflects the credit strength of an unconditional and irrevocable guar...

MARC has affirmed its rating of AAAIS(bg) and AAAIS(fg) on Ranhill Power Sdn Bhd’s (Ranhill Power) RM300 million bank guaranteed (Tranche 1) and RM500 million Danajamin Nasional Bhd (Danajamin) guaranteed (Tranche 2) Sukuk Musharakah facility respectively. The outlook for both ratings is maintained at stable.The rating on Tranche 1 reflects the credit strength of an unconditional and irrevoc...

MARC has assigned ratings of AAAIS(bg) to the bank-guaranteed sukuk and AAAIS(fg) to the Danajamin Nasional Berhad (Danajamin) guaranteed sukuk to be issued under Ranhill Power Sdn Bhd's (Ranhill Power) RM800 million Sukuk Musharakah facility. The outlook for both ratings is stable. The bank-guaranteed sukuk of up to RM300 million (Tranche 1) will have tenures up to eight years while the Danajamin...