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Thursday, Jan 23, 2020
MARC ASSIGNS PRELIMINARY RATING OF AA-IS TO TOP GLOVE UNIT’S PROPOSED RM3.0 BILLION PERPETUAL SUKUK WAKALAH PROGRAMME
MARC has assigned a rating of AA-IS to TG Excellence Berhad’s proposed RM3.0 billion Perpetual Sukuk Wakalah Programme. TG Excellence Berhad is a special purpose wholly-owned subsidiary of Top Glove Corporation Bhd (Top Glove) to which MARC has concurrently assigned a corporate credit rating of AA. The ratings carry a stable outlook. Top Glove will provide a subordinated unconditional and ...
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