MARC Ratings has withdrawn its rating of AAAIS on MISC Berhad’s RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The withdrawal follows the expiry of the programme on September 27, 2022, as confirmed by the facility agent.Contacts:Siti Nursyahira, +603 2717 2956/ nursyahira@marc.com.myNeo Xue Wei, +603-2717 2937/ xuewei@marc.com.mySharidan Salleh, +603-2717 2954/ sharidan@marc.com.my&nb...

MARC Ratings has affirmed its AAAIS rating on MISC Berhad’s RM2.5 billion Islamic Medium-Term Notes (IMTN) programme with a stable outlook.The rating incorporates MISC’s position as a domestic leader and a key global player in the energy-related shipping business, its stable revenue generation from long-term liquefied natural gas (LNG), ethane and offshore contracts, and its low-to-moderate le...

MARC has affirmed its AAAIS rating on MISC Berhad’s RM2.5 billion Islamic Medium-Term Notes programme with a stable outlook. The affirmed rating incorporates MISC’s position as a key global player in the energy-related shipping business, its stable revenue generation from long-term liquefied natural gas (LNG) and offshore contracts, as well as its healthy liquidity position. The rating co...

MARC has affirmed its AAAIS rating on MISC Berhad's RM2.5 billion Islamic Medium-Term Notes (IMTN) programme with a stable outlook. Currently, there is no outstanding under the programme.The affirmed rating continues to benefit from rating uplift on MARC’s expectation of strong parental support from Petroliam Nasional Berhad (PETRONAS) based on the operational and financial integration between t...

MARC has affirmed its AAAIS rating on MISC Berhad's RM2.5 billion Islamic Medium-Term Notes (IMTN) programme with a stable outlook. The rating affirmation is driven by MISC’s position as a key global player in the energy-related shipping business with a large fleet of shipping vessels, its revenue-generating ability from long-term liquefied natural gas (LNG) and offshore contracts, its mode...

MARC has affirmed its AAAIS rating on MISC Berhad's RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. MISC is a key subsidiary of the national oil company Petroliam Nasional Berhad (PETRONAS). The affirmed rating benefits from a rating uplift from PETRONAS based on the significant operational and financial integration MISC has with its parent give...

MARC has affirmed its AAAIS rating on MISC Berhad's (MISC) RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. Currently, there is no outstanding amount under the IMTN programme. The affirmed rating incorporates rating uplift from MISC’s standalone rating based on MARC’s assessment of MISC’s significant operational and financial integration wi...

MARC has affirmed its AAAIS rating on MISC Berhad's (MISC) RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. The affirmed rating reflects a three-notch rating uplift from its standalone rating based on MARC’s assessment of significant operational and financial integration with parent Petroliam Nasional Berhad (PETRONAS) on which the rating agenc...

MARC has affirmed its AAAID rating on MISC Berhad's RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. The rating incorporates a three-notch rating uplift from MISC’s standalone rating based on MARC’s assessment of very strong parental support from Petroliam Nasional Berhad (PETRONAS) which carries a AAA/stable rating from the rating agency. The sup...

MARC has affirmed its AAAID rating on MISC Berhad's (MISC) RM2.5 billion Islamic Medium-Term Notes (IMTN) programme. The outlook on the rating is stable. The rating incorporates significant rating uplift from MISC’s standalone credit profile based on the rating agency’s assessment of very strong parental support from Petroliam Nasional Berhad (PETRONAS). In assessing parental support,...