Press Releases MARC WITHDRAWS RATING ON BOUSTEAD HOLDINGS’ RM1.0 BILLION BANK-GUARANTEED MTN PROGRAMME

Thursday, Dec 07, 2017

MARC has withdrawn its AAA(bg) rating on Boustead Holdings Berhad’s RM1.0 billion Bank-Guaranteed Medium-Term Notes Programme. The rating withdrawal follows the full redemption and expiry of the programme as confirmed by the facility agent.

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


Contacts:
Saifuruddin Othman, +603-2717 2945/ saifuruddin@marc.com.my;
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my.