Press Releases
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Thursday, Dec 19, 2019
MARC has assigned a final rating of AA-IS with a stable outlook to Penang Port Sdn Bhd’s (PPSB) proposed Islamic Medium-Term Notes Issuance Programme of up to RM1.0 billion. Upon review of the final documentation for the programme, MARC is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the earlier preliminary rating of AA-...

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Wednesday, Nov 27, 2019
MARC has assigned a preliminary rating of AA-IS to port operator Penang Port Sdn Bhd’s (PPSB) proposed Islamic Medium-Term Notes Issuance Programme of up to RM1.0 billion. The rating carries a stable outlook. PPSB operates Penang Port under a long-term concession agreement expiring on December 31, 2041. Proceeds from the proposed issuance will be entirely used t...

This article has been viewed 181 times.
Wednesday, Nov 27, 2019
MARC has assigned a preliminary rating of AA-IS to port operator Penang Port Sdn Bhd’s (PPSB) proposed Islamic Medium-Term Notes Issuance Programme of up to RM1.0 billion. The rating carries a stable outlook. PPSB operates Penang Port under a long-term concession agreement expiring on December 31, 2041. Proceeds from the proposed issuance will be entirely used t...

This article has been viewed 136 times.