MARC has withdrawn its MARC-1ID/AA+ID ratings on Tenaga Nasional Berhad’s RM1.5 billion Murabahah Commercial Papers and Murabahah Medium-Term Notes with immediate effect. The rating withdrawal follows the recent confirmation from the facility agent, KAF Investment Bank Berhad, that the facility has been cancelled.

Contacts:
Sandeep Bhattacharya 03-20902247 / sandeep@marc.com.my;
Khairul Emran Mahmud 03-20902278 / emran@marc.com.my;
Sharidan Salleh 03-20902243 / sharidan@marc.com.my