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MARC Ratings has affirmed its rating of AAIS on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable. Fortune Premiere is a funding vehicle of IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable guarantee on the programme.IOI Properties’ entrenched position and lo...
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MARC Ratings has affirmed its AAIS rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). Concurrently, the rating agency has revised the rating outlook to stable from negative. Fortune Premiere is a funding vehicle for IOI Properties Group Berhad which has provided an unconditional and irrevocable guarantee on the programme.IOI P...
This article has been viewed 785 times.
MARC has affirmed its AAIS rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook has been revised to negative from stable. Fortune Premiere is a funding vehicle for parent IOI Properties Group Berhad which has extended an unconditional and irrevocable guarantee on the issuance. The revised outlook is premi...
This article has been viewed 555 times.
MARC has affirmed its AAIS rating on funding vehicle Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable.Fortune Premiere’s rating reflects the credit strength of its parent company IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable corporate guarantee on the is...
This article has been viewed 607 times.
MARC has affirmed its AAIS rating on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable.Fortune Premiere is a funding vehicle for its parent IOI Properties Group Berhad (IOI Properties) which has provided an unconditional and irrevocable corporate guarantee on the rated sukuk. Accordingly, the rating c...
This article has been viewed 841 times.
MARC has affirmed its rating of AAIS on Fortune Premiere Sdn Bhd’s RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The rating outlook is stable. The rating applies only to ringgit-denominated notes issued under the multi-currency sukuk.
Fortune Premiere is a wholly-owned funding vehicle of IOI Properties Group Berhad (IOI Properties) which has provided a...
This article has been viewed 1096 times.
MARC has assigned a final rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk.
Upon review of the final documentation of the issuance, MARC is satisfied that t...
This article has been viewed 1055 times.
MARC has assigned a preliminary rating of AAIS to Fortune Premiere Sdn Bhd’s (Fortune Premiere) proposed RM3.0 billion Multi-Currency Islamic Medium-Term Notes Programme (Sukuk Murabahah). The outlook on the rating is stable. The assigned rating applies only to ringgit-denominated notes issued under the multi-currency sukuk.
Wholly owned by IOI Properties Group Berhad (IOI Properties), For...
This article has been viewed 1187 times.