Wednesday, Apr 05, 2017
MARC has assigned final ratings of MARC-1IS/AA-IS to UEM Edgenta Berhad’s RM1,000.0 million Islamic Commercial Papers/Islamic Medium-Term Notes (ICP/IMTN) Programme. The outlook on the ratings is stable.
Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the ICP/IMTN have not changed in any material way from the draft documentation on which the earlier preliminary ratings of MARC-1IS/AA-IS were based.
Full details on the assigned ratings have been provided in UEM Edgenta’s preliminary rating announcement on March 15, 2017. The Credit Analysis Report is available on MARC’s website at www.marconline.com.my.
Contacts:
Cheah Wan Kin, +603-2082 2232/ wankin@marc.com.my,
Taufiq Kamal, +603-2082 2251/ taufiq@marc.com.my.