MARC has received confirmation from the Facility Agent that KLSSB’s Tranche 1 BaIDS of RM91 million has been fully redeemed. As such, the A-ID rating is hereby withdrawn.

In the meantime, the ratings for Tranches 2A, 2B, 3, 4A & 4B BaIDS totalling RM800 million remain unchanged at AID(s), reflecting the support provided by Bank Pembangunan & Infrastruktur Malaysia Berhad by way of a standby revolving credit facility.