Press Releases
Displaying 1-10 of 14 results.
Monday, Jan 11, 2021
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The ratings outlook is stable. The affirmed ratings reflect the unconditional and irrevocable guarantees provided by D...

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Friday, Jan 31, 2020
MARC has affirmed its ratings on Berjaya Land Berhad’s RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The ratings outlook is stable. The ratings reflect the unconditional and irrevocable guarantees provided by Danajamin and OCBC...

This article has been viewed 217 times.
Thursday, Nov 15, 2018
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) outstanding RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The outlook on the ratings is stable. The affirmed ratings reflect the unconditional and irrevocable...

This article has been viewed 387 times.
Monday, Jan 22, 2018
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) outstanding RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The outlook for the ratings is stable. The affirmed ratings reflect the unconditional and irrevocable gua...

This article has been viewed 420 times.
Friday, Feb 17, 2017
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) outstanding RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The outlook for the ratings is stable. The affirmed ratings reflect the unconditional and irrevocabl...

This article has been viewed 639 times.
Friday, Dec 18, 2015
MARC has affirmed its ratings on Berjaya Land Berhad’s (BLand) RM500.0 million Medium-Term Notes (MTN) Programme guaranteed by Danajamin Nasional Berhad (Danajamin) at AAA(fg) and the RM150.0 million MTN Programme guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia) at AAA(bg). The outlook for the ratings is stable. The affirmed ratings reflect the unconditional and irrevocable guarantees ...

This article has been viewed 708 times.
Thursday, Dec 04, 2014
MARC has assigned final ratings to Berjaya Land Berhad’s (BLand) 10-year RM650.0 million guaranteed Medium-Term Notes (MTN) programme at AAA(fg) for the RM500.0 million portion guaranteed by Danajamin Nasional Berhad (Danajamin) and AAA(bg) for the RM150.0 million guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia). The outlook for the ratings is stable.    Upon review ...

This article has been viewed 982 times.
Wednesday, Dec 03, 2014
MARC has assigned preliminary ratings to Berjaya Land Berhad’s (BLand) proposed 10-year RM650.0 million guaranteed Medium-Term Notes (MTN) programme of AAA(fg) for the RM500.0 million portion guaranteed by Danajamin Nasional Berhad (Danajamin) guaranteed and AAA(bg) for the RM150.0 million guaranteed by OCBC Bank (Malaysia) Berhad (OCBC Malaysia). The outlook for the ratings is stable. ...

This article has been viewed 1065 times.
Thursday, Aug 18, 2011
MARC has withdrawn its rating of A on Berjaya Land Berhad’s (BLand) Secured Exchangeable Bonds with immediate effect. The rating withdrawal follows the full redemption of the outstanding RM711.0 million bonds upon maturity on August 15, 2011 as confirmed by the trustee, HSBC (Malaysia) Trustee Berhad. MARC will accordingly cease to provide analytical coverage on BLand.Contacts: Darrell Lim, ...

This article has been viewed 804 times.
Wednesday, Dec 15, 2010
MARC has affirmed its A rating on Berjaya Land Berhad's (BLand) Secured Exchangeable Bonds due 2011 with the rating outlook maintained at stable. The rating action is premised on the strong collateral coverage afforded under the bond issue structure in which BLand has to maintain at least 130% collateral coverage in the form of pledged shares in its gaming subsidiary, Berjaya Sports Toto Berhad (B...

This article has been viewed 891 times.