Rating action          MARC Ratings has affirmed its AAAIS(bg) rating on Ranhill Sabah Energy II Sdn Bhd’s (RSEII) (formerly known as Ranhill Powertron II Sdn Bhd) outstanding RM300.0 million Islamic Medium-Term Notes (IMTN) Programme guaranteed by Bank Pembangunan Malaysia Berhad (BPMB). The rating outlook is stable.RationaleThe rating affirmation reflects the unco...

Rating action                  MARC Ratings has affirmed its rating on Ranhill Powertron II Sdn Bhd’s (RPII) outstanding RM350.0 million Islamic Medium-Term Notes (IMTN) programme guaranteed by Bank Pembangunan Malaysia Berhad (BPMB) at AAAIS(bg). The rating outlook is stable.RationaleThe affirmation reflects the unconditional and irrevocabl...

Rating action        MARC Ratings has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM40.0 million outstanding Islamic Medium-Term Notes (IMTN) at AAIS and its RM350.0 million outstanding guaranteed IMTN at AAAIS(fg).The outlook on the ratings is stable. RationaleThe AAIS  rating reflects the favourable terms under the power purchase agreement (...

Rating action     MARC has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM90.0 million outstanding Islamic Medium-Term Notes (IMTN) at AAIS and RM350.0 million outstanding guaranteed IMTN at AAAIS(fg). The outlook on the ratings is stable.Rationale     The AAIS rating reflects favourable terms under the Power Purchase Agreement (PPA) which allocate ...

MARC has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM140.0 million outstanding Islamic Medium-Term Notes (IMTN) at AAIS and RM350.0 million outstanding guaranteed IMTN at AAAIS(fg). The outlook on the ratings is stable. RPII owns and operates the 190-MW combined cycle gas turbine (CCGT) Rugading Power Station in Sabah under a 21-year Power Purchase Agreement (PPA) with S...

MARC has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM140.0 million outstanding Islamic Medium-Term Notes (IMTN) and RM350.0 million outstanding guaranteed IMTN at AAIS and AAAIS(fg). The outlook on the ratings is stable. RPII owns and operates the 190 MW combined cycle gas turbine (CCGT) Rugading Power Station in Sabah under a 21-year Power Purchase Agreement (PPA) with...

MARC has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM190.0 million outstanding Islamic Medium-Term Notes (IMTN) and RM350.0 million outstanding guaranteed IMTN at AAIS and AAAIS(fg). The outlook on the ratings is stable. The rating on the guaranteed IMTN reflects the unconditional and irrevocable Kafalah guarantee provided by financial guarantee insurer Danajamin Nasion...

MARC has affirmed its ratings on Ranhill Powertron II Sdn Bhd’s (RPII) RM240 million outstanding Islamic Medium-Term Notes (IMTN) and RM350 million outstanding guaranteed IMTN at AAIS and AAAIS(fg) respectively. The outlook on the ratings is stable. RPII is an 80%-owned subsidiary of Ranhill Capital Sdn Bhd (Ranhill Capital) and was established to build, own and operate Rugading Power Stat...

MARC has affirmed Ranhill Powertron II Sdn Bhd’s (RPII) RM270 million outstanding non-guaranteed notes and RM350 million outstanding guaranteed notes at AAIS and AAAIS(fg) respectively. The outlook for the ratings is stable. The non-guaranteed and guaranteed notes were issued under the RM710 million Islamic Medium-Term Notes (IMTN) Programme. RPII is a special purpose project company incor...

MARC has affirmed its ratings of AAAIS(fg) on Ranhill Powertron II Sdn Bhd’s (RPII) RM350 million guaranteed notes and AAIS on RM360 million non-guaranteed notes. The outlook for both ratings is stable. Both guaranteed and non-guaranteed notes were issued under the RM710 million Islamic Medium-Term Notes (IMTN) Programme.             &nb...