Monday, Mar 28, 2022
MARC Ratings has assigned a final rating of AA-IS to MMC Port Holdings Sdn Bhd's (MMC Port) RM1.0 billion Sukuk Murabahah Programme. The outlook on the rating 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 MMC Port's preliminary rating announcement on February 15, 2022. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at www.marconline.com.my.
Contacts:
Umar Abdul Aziz, +603-2717 2962/ umar@marc.com.my
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my