MARC has assigned a final rating of AA- to Sports Toto Malaysia Sdn Bhd’s (Sports Toto) proposed RM800.0 million 15-year Medium-Term Notes Programme (MTN-2). The outlook on the rating is stable.

Upon review of the final documentation of the proposed issuance, MARC is satisfied that the terms and conditions of the MTN-2 Programme have not changed in any material way from the draft documentation on which the earlier preliminary rating of AA-/stable was based.

Full details on the assigned rating have been provided in Sports Toto’s preliminary rating announcement on June 20, 2017. The Credit Analysis Report is available on MARC’s website at www.marc.com.my.

Contact:
Cheah Wan Kin, +603-2717 2932/ wankin@marc.com.my.