MARC has withdrawn its rating of AAAIS on Putrajaya Holdings Sdn Bhd’s RM2.2 Billion Murabahah Medium-Term Notes (MTN) Programme. The rating withdrawal follows the early cancellation of the programme as confirmed by the facility agent on August 15, 2018.

MARC’s analytical coverage on Putrajaya Holdings is now limited to the following issuances:

• RM370.0 million Sukuk Musharakah Programme (due 2030)
• RM3.0 billion Sukuk Musharakah Programme (due 2032)
• RM1.5 billion Sukuk Musharakah Medium-Term Notes (MTN) Programme (due 2033)

All the three programmes carry AAAIS ratings with a stable outlook.

Contacts:
Sim Jun Da, +603-2717 2948/ simjunda@marc.com.my;
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my