Press Releases MARC WITHDRAWS ITS RATINGS ON TRADEWINDS PLANTATION CAPITAL SDN BHD’S RM210 MILLION SUKUK IJARAH PROGRAMMES

Wednesday, Dec 30, 2015

MARC has withdrawn its ratings of AAA(IS) and AA+(IS) on Tradewinds Plantation Capital Sdn Bhd’s RM180.0 million Class A and RM30.0 million Class B asset-backed Sukuk Ijarah respectively. The ratings withdrawal follows the full redemption of the outstanding Class A and Class B Sukuk Ijarah and subsequent cancellation of the programmes on December 18, 2015.

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


Contacts:
Nicola Tan, +603-2082 2262/ nicola@marc.com.my;
David Lee, +603-2082 2255/ david@marc.com.my.