Credit Analysis Reports - Category: Property
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Rating action          MARC Ratings has affirmed its ratings on Sunway Group’s programmes as follows:Sunway Berhad’s RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) Programme at MARC-1/AA-Sunway Berhad’s RM5.0 billion Perpetual Sukuk Programme at AISSunway Treasury Sukuk Sdn Bhd’s RM10.0 billion Islamic Medium-Term Notes (IMTN) Programme at AA-IS; a...


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Rating action         MARC Ratings has assigned ratings to Sunway Group’s existing unrated sukuk and unrated debt as follows:Sunway Berhad’s RM5.0 billion Perpetual Sukuk Programme at AISSunway Treasury Sukuk Sdn Bhd’s RM10.0 billion Islamic Medium-Term Notes (IMTN) Programme at AA-IS.MARC Ratings has concurrently affirmed the existing ratings on Sunway Group’s fol...


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Rating action      MARC Ratings has affirmed its MARC-1/AA- ratings on Sunway Berhad’s RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) Programmes. Concurrently, it has also affirmed its ratings of MARC-1IS(cg)/AA-IS(cg) on Sunway’s wholly-owned subsidiary Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM10.0 billion Islamic Commercial Papers/Islamic Medium...


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Rating actionMARC Ratings has affirmed its MARC-1/AA- ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) Programmes. Concurrently, the ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) Programmes have been affirmed a...


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Rating action          MARC has affirmed its MARC-1/AA- ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) Programmes, and MARC-1IS(cg)/AA-IS(cg) ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Papers/Islamic Medium-Term Notes (...


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MARC has affirmed its ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programmes at MARC-1/AA-. Concurrently, the rating agency also affirmed its ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/ IMTN) programmes at MA...


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MARC has assigned ratings of MARC-1/AA- to Sunway Berhad’s RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programme. Concurrently, the rating agency has affirmed its existing ratings on Sunway and related company Sunway Treasury Sukuk Sdn Bhd’s issuances. The ratings outlook is stable. The new CP/MTN programme will replace Sunway’s existing RM2.0 billion CP/MTN programme expiring...


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MARC has affirmed its ratings on Sunway Berhad’s issuances under the RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programmes at MARC-1/AA-. Concurrently, the ratings on Sunway Treasury Sukuk Sdn Bhd’s issuances under the RM2.0 billion Sukuk Programme and RM10.0 billion Islamic Commercial Paper/ Islamic Medium-Term Notes (ICP/ IMTN) programmes have been affirmed at MARC-1IS(cg)/A...


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Popularity: 1732 views 125 downloads
MARC has affirmed its ratings of MARC-1/AA- and MARC-1IS(cg)/AA-IS(cg) on Sunway Berhad’s (Sunway) RM2.0 billion Commercial Papers/Medium-Term Notes (CP/MTN) programme and Sunway Treasury Sukuk Sdn Bhd’s (STSSB) RM2.0 billion Sukuk programme. STSSB’s Sukuk programme carries an Al-Kafalah guarantee from Sunway. The affirmation is premised on Sunway Group’s expected total debt level of RM10...


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MARC has affirmed its MARC-1/AA- ratings on Sunway Berhad’s (Sunway) RM2.0 billion seven-year (2013-2020) Commercial Papers/Medium-Term Notes (CP/MTN) programme respectively. Concurrently, the rating agency affirmed its MARC-1IS(cg) /AA-IS(cg) ratings on Sunway Treasury Sukuk Sdn Bhd’s RM2.0 billion seven-year (2015-2022) Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) programm...


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