Rating actionMARC Ratings has affirmed its AAAIS  rating on TNB Power Generation Sdn Bhd’s (TPGSB) Sukuk Wakalah Programme of up to RM10.0 billion with a stable outlook. As at end-November 2023, the outstanding amount under the programme stood at RM3.5 billion.      Rationale      TPGSB is a wholly-owned energy generation arm of Tenaga Nasional Berhad...

Rating actionMARC Ratings has affirmed its rating of AAAIS  on TNB Power Generation Sdn Bhd’s (TPGSB) Sukuk Wakalah programme of up to RM10.0 billion with a stable outlook. As at end-November 2022, the outstanding amount under the programme stood at RM1.5 billion.RationaleMARC Ratings has affirmed its AAAIS rating on TNB Power Generation Sdn Bhd’s (TPGSB) Sukuk Wakalah programme of up to ...

Rating action     MARC Ratings has assigned a rating of AAAIS to TNB Power Generation Sdn Bhd’s (TPGSB) proposed sukuk programme of up to RM10.0 billion. The rating carries a stable outlook.Rationale     TPGSB is a wholly-owned subsidiary of Tenaga Nasional Berhad (TNB) (AAA/Stable) and was incorporated as part of the TNB group’s transformation plan that includes ...