Thursday, Sep 01, 2022
MARC Ratings has assigned a final rating of AA+IS to edotco Malaysia Sdn Bhd’s proposed Islamic Medium-Term Notes Programme (Sukuk Wakalah Programme) of up to RM3.0 billion with a stable outlook.
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 edotco Malaysia’s preliminary rating announcement dated July 21, 2022. 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 edotco Malaysia’s preliminary rating announcement dated July 21, 2022. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at www.marconline.com.my.
Contacts:
Ummi Kalsom Yaacub, +603-2717 2934/ ummikalsom@marc.com.my
Lim Wooi Loon, +603-2717 2943/ wooiloon@marc.com.my
Farhan Darham, +603-2717 2945/ farhan@marc.com.my
Hafiza Abdul Rashid, +603-2717 2955/ hafiza@marc.com.my