Wednesday, Jun 10, 2015
MARC has withdrawn its ratings of MARC-1ID/AA-ID on WCT Holdings Berhad’s (WCT Holdings) RM300.0 million Islamic Commercial Paper/Medium-Term Notes (ICP/IMTN) Programme. The ICP/IMTN Programme matured on April 15, 2015 and was subsequently cancelled by the facility agent.
MARC’s analytical coverage on WCT Holdings is now limited to the following rated debt issuances:
• RM600.0 million 5-year Fixed Rate Serial Bonds rated AA-/ Stable;• RM1.0 billion 15-year MTN Programme rated AA-/ Stable; and
• RM1.5 billion 15-year Sukuk Murabahah Programme rated AA-IS/ Stable.
Contact:
Ngiam Tee Wei, +603-2082 2268/ teewei@marc.com.my