Friday, Dec 15, 2023
MARC Ratings has assigned a final rating of MARC-1 to CGS-CIMB Securities Berhad’s (CGS-CIMB) RM1.0 billion Commercial Papers Programme.
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 CGS-CIMB’s preliminary rating announcement dated October 5, 2023. The complete analysis is provided in the Credit Analysis Report which is available here.
Contacts:
Fahmi Hawari, +603-2717 2946/ fahmi@marc.com.my
Farhan Darham, +603-2717 2945/ farhan@marc.com.my
Mohd Izazee Ismail, +603-2717 2947/ izazee@marc.com.my