Press Releases MARC WITHDRAWS ITS RATING ON KESTURI’S RM780.0 MILLION SUKUK ISTISNA

Wednesday, Nov 03, 2010

MARC has withdrawn its rating of A+ID on Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd’s (Kesturi) RM780.0 million nominal value redeemable secured serial Sukuk Istisna (Sukuk Istisna). The rating withdrawal follows the completion of the Sukuk Istisna buyback and full redemption of the outstanding sukuk on October 28, 2010, as confirmed by the facility agent CIMB Investment Bank Berhad. 

Contacts:
Sandeep Bhattacharya, 03-2082 2247 /
sandeep@marc.com.my;
Khairul Emran Mahmud, 03-2082 2278 /
emran@marc.com.my;
Ezien Hoo, 03-2082 2267 /
ezien@marc.com.my.