Friday, Oct 22, 2021
MARC has assigned a final rating of AAAIS to Bank Pertanian Malaysia Berhad’s (Agrobank) RM1.0 billion Islamic Medium-Term Notes Programme (IMTN Programme). The rating outlook is stable.
The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based.
For full details on the assigned rating, please see Agrobank’s preliminary rating announcement dated August 12, 2021. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.
Contacts:
The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based.
For full details on the assigned rating, please see Agrobank’s preliminary rating announcement dated August 12, 2021. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.
Contacts:
Haziq Najmuddin, +603-2717 2965/ haziq@marc.com.my;
Farhan Darham, +603-2717 2945/ farhan@marc.com.my;
Mohd Izazee Ismail, +603-2717 2947/ izazee@marc.com.my.