Press Releases MARC ASSIGNS FINAL RATING OF AA+ TO CIMB BANK BERHAD’S RM10.0 BILLION TIER 2 SUBORDINATED DEBT PROGRAMME; OUTLOOK STABLE

Thursday, Aug 29, 2013

MARC has assigned a final rating of AA+ to CIMB Bank Berhad’s (CIMB Bank) RM10.0 billion Basel III-compliant Tier 2 Subordinated Debt Programme (Subordinated Debt Programme) with a stable outlook.

Upon review of the final documentation of the forthcoming subordinated debt issuance, MARC is satisfied that the terms and conditions of the Subordinated Debt Programme have not changed in any material way from the draft documents on which the earlier preliminary rating of AA+ was based.

Full details on the assigned rating have been provided in CIMB Bank’s preliminary rating announcement on June 12, 2013. The full Credit Analysis Report will be made available on MARC’s website at www.marc.com.my.

Contacts:
Sharidan Salleh, +603-2082 2254/
sharidan@marc.com.my;
Se Tho Mun Yi, +603-2082 2263/
munyi@marc.com.my.