Wednesday, Oct 08, 2008
MARC has withdrawn the MARC-1 rating assigned to toll road concessionaire, Sistem Penyuraian Trafik KL Barat Sdn Bhd’s RM125.0 million Revolving Underwritten Facility (RUF) convertible into Floating Rate Term Loan (FRTL) with immediate effect.
The rating withdrawal follows the conversion of the RUF into a FRTL as confirmed by the facility agent, AmInvestment Bank Bhd.
Contact: Rustam Apandi Jamaludin 03-2090 2250/ rustam@marc.com.my
October 8, 2008