ARL Tenaga Sdn Bhd’s (ARLT) AID rating affirmation reflects the stable and predictable cash flow which is expected to cover the company’s debt servicing requirements comfortably; the presence of a long-term fuel supply contract which eliminates supply disruption risk; the adoption of proven engine design and well-developed operating methods for its plant and an issue structure which promotes t...

Malaysian Rating Corporation Berhad (MARC) has assigned a long-term rating of AID (Single A, Islamic Debt) in respect of ARL Tenaga Sdn Bhd’s RM177.0 million Al-Bai Bithaman Ajil Islamic Debt Securities Issue (BaIDS) (2000/2010).ARL Tenaga Sdn Bhd’s (ARLT) rating is underpinned by a stable and predictable cash flow which is expected to cover the company’s debt servicing requirements comfort...