Press Releases MARC RATINGS WITHDRAWS RATING ON CAGAMAS MBS’S TRANCHE 6 UNDER CMBS 2007-2 ON FULL REDEMPTION

Thursday, Aug 25, 2022

MARC Ratings has withdrawn its rating of AAA/Stable on Cagamas MBS Berhad’s Tranche 6 under the RM2,410.0 million asset-backed Fixed Rate Serial Bonds (CMBS 2007-2). The rating withdrawal follows the full redemption of the outstanding RM250.0 million under Tranche 6 as confirmed by the facility agent. 

The rating agency’s analytical coverage on CMBS 2007-2 is now limited to the outstanding RM105.0 million under the final tranche (Tranche 7) of the issuance which carries a rating of AAA/Stable.

Contacts:
Fahmi Hawari, +603-2717 2946/ fahmi@marc.com.my  
Haziq Najmuddin, +603-2717 2965/ haziq@marc.com.my
Mohd Izazee Ismail, +603-2717 2947/ izazee@marc.com.my