MARC has affirmed the following ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Plantation Capital) Islamic debt issuances of up to RM400 million:  AAAIS and AA+IS ratings on RM60.0 million Class A and RM30.0 million Class B asset-backed Sukuk Ijarah respectively; MARC-1ID(bg)/AAAID(bg) ratings on RM100.0 million Bank Guaranteed Murabahah Commercial Paper/Medium Term Notes (...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Plantation Capital) asset-backed RM180.0 million Class A and RM30.0 million Class B Sukuk Ijarah (collectively the Sukuk) respectively with a stable outlook. Tradewinds Plantation Capital is a special purpose vehicle of Tradewinds Plantation Berhad (Tradewinds) incorporated to act as the fund...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Capital) asset-backed RM180 million Class A and RM30 million Class B Sukuk Ijarah (collectively known as Sukuk) respectively. The outlook on the ratings is stable.Special purpose vehicle Tradewinds Capital is a wholly-owned subsidiary of Tradewinds Plantation Berhad (Tradewinds) incorporated ...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Capital) asset-backed RM180 million Class A and RM30  million  Class  B Sukuk  Ijarah (collectively the Sukuk) respectively, with a stable outlook. Wholly-owned by Tradewinds Plantation Berhad (Tradewinds), Tradewinds Capital is a special purpose vehicle established to act...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Capital) asset-backed RM180 million Class A and RM30  million  Class  B Sukuk  Ijarah respectively, with a stable outlook. Wholly-owned by Tradewinds Plantation Berhad (Tradewinds), Tradewinds Capital is a special purpose vehicle established to act as issuer of the notes a...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (Tradewinds Capital) asset-backed RM180 million Class A and RM30  million  Class  B Sukuk  Ijarah respectively, with a stable outlook. The affirmed ratings of the Class A and Class B Sukuk Ijarah reflect the satisfactory performance of the securitised plantation assets and higher-than...

MARC has affirmed its AAAIS and AA+IS ratings on Tradewinds Plantation Capital Sdn Bhd’s (TPC) asset-backed RM180.0 million Class A and   RM30.0  million  Class  B   Sukuk  Ijarah,   respectively with a stable outlook. The affirmed ratings of the Class A and Class B Sukuk Ijarah reflect the satisfactory performance of the securitised plantati...

Under this transaction, Tradewinds Plantation Capital Sdn Bhd (TPCSB), a special purpose company and a wholly-owned subsidiary of Tradewinds Plantation Berhad (TPB) has been incorporated for the sole purpose of owning and leasing plantation assets for the benefit of the Sukuk holders under the RM210.0 million Sukuk Ijarah; as well as issuing RM90.0 million Murabahah Commercial Papers (CPs); and RM...