Friday, Jan 05, 2007
On 5 January 2007, MARC received confirmation from BIMB Trust Limited that First Global Sukuk Inc (FGSI) has made a full redemption of its USD100 Million Series B of Serial Islamic Lease Sukuk Issuance on 22 December 2006, and there is no amount outstanding under the issuance. As such, MARC no longer has any rating obligation on FGSI’s up to USD368 million Serial Islamic Lease Sukuk Issuance, and the A-IS rating is hereby withdrawn.