Credit Analysis Reports - Category: Property
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Rating action      MARC Ratings has affirmed its AAIS rating on S P Setia Berhad’s RM3.0 billion Islamic Medium-Term Notes (IMTN) Programme with a stable outlook. The outstanding under the programme currently stands at RM2.0 billion. Rationale The affirmed rating primarily reflects S P Setia's entrenched market position in township development and healthy sales trac...


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Rating action     MARC Ratings has affirmed its AAIS rating on S P Setia Berhad’s RM3.0 billion Islamic Medium-Term Notes Programme with a stable outlook. The initial proceeds of RM800 million from the issuance had largely been used to fund capital injections into the group’s joint venture (JV) Battersea Power Station in the United Kingdom (Battersea Project).Rationale  &nb...


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Rating action     MARC has assigned a final rating of AAIS to S P Setia Berhad’s (S P Setia) proposed RM3.0 billion Islamic Medium-Term Notes Programme. The rating outlook is stable. Proceeds from the proposed issuance will largely be used to fund capital injections into the group’s joint-venture Battersea Power Station, United Kingdom (Battersea Project) and to refinance earlie...


Normal Price: RM500.00       Subscriber Price: Free Download