MARC has withdrawn all of Transshipment Megahub Berhad’s (TMB) debt ratings with immediate effect following the repayment of its outstanding bonds and notes amounting to RM599.7 million on November 2, 2012 and cancellation of its RM360 million Commercial Papers/Medium Term Notes (CP/MTN) Programme. The following ratings of TMB were withdrawn:

1. AAA rating on RM1,095.0 million fixed rate serial bonds; and
2. MARC-1/AAA on its RM360 million CP/MTN programme..

Upon the withdrawal of the ratings, MARC will no longer be providing analytical coverage on TMB.

Contacts:
Noor Izyani Saad, +603-2082 2256/ izyani@marc.com.my;  
Jason Kok, +603-2082 2258/ jason@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.