MARC has assigned final ratings of AA-IS and AIS to Alpha Circle Sdn Bhd’s (Alpha Circle) RM540.0 million Senior Sukuk Musharakah and RM55.0 million Junior Sukuk Musharakah respectively under the Sukuk Musharakah programme. The outlook on the ratings is stable.

Upon the receipt of the final documentation of the forthcoming issuance, MARC is satisfied that the terms and conditions of the Sukuk Musharakah Programme have not changed in any material way from the draft documents on which the earlier preliminary ratings of AA-IS and AIS were based.

Full details on the assigned ratings have been provided in Alpha Circle’s preliminary rating announcement on October 23, 2013. The full Credit Analysis Report is available on MARC’s website www.marc.com.my.

Contact:
Taufiq Kamal, +603-2082 2251/ taufiq@marc.com.my.