Press Releases
Displaying 1-8 of 8 results.
Tuesday, Aug 26, 2014
MARC has withdrawn its AA-ID/Stable rating on Serrisa Sinar Berhad’s RM20.0 million Junior Islamic Medium-Term Notes (IMTN) Facility (Junior Notes facility).  The rating withdrawal follows the final redemption of the outstanding RM5.0 million under the facility on August 19, 2014 and the cancellation of the facility on August 21, 2014 as confirmed by the facility agent.Upon the cancella...

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Thursday, Jul 31, 2014
MARC has withdrawn its ratings of MARC-1ID/AAID on Serrisa Sinar Berhad’s (Serrisa Sinar) RM200.0 million Islamic Commercial Papers (ICP)/Islamic Medium-Term Notes (IMTN) Facility (Senior Notes facility). The rating withdrawal follows the full redemption of the outstanding RM5.0 million Senior Notes on July 21, 2014 and the cancellation of the facility on July 25, 2014 as confirmed by the fa...

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Friday, Oct 18, 2013
MARC affirms the ratings of Serrisa Sinar Bhd’s (Serrisa Sinar) RM200 million Islamic commercial papers/Islamic Medium Term Notes (ICP/IMTN) (Senior Notes) and RM20 million Junior IMTN (Junior Notes) at MARC-1ID / AAID and AA-ID  respectively. The outlook of the ratings is stable. The rating of the Junior Notes reflects its subordination to the Senior Notes in respect of profit payment ...

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Tuesday, Oct 23, 2012
MARC has affirmed the rating of Serrisa Sinar Bhd’s (Serrisa Sinar) RM200 million Islamic commercial papers/Islamic medium term notes (ICP/IMTN) (Senior Notes) at MARC-1ID/AAID and upgraded the rating of its RM20 million Junior IMTN (Junior Notes) to AA-ID. The ratings outlook is stable. The rating action affects RM75 million of outstanding notes issued under the programme comprising RM70 mi...

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Friday, Sep 09, 2011
MARC has affirmed the ratings of Serrisa Sinar Berhad’s (Serrisa Sinar) RM200 million ICP/IMTN notes and RM20 million Junior IMTN at MARC-1ID/AAID and A+ID respectively. The outlook of the ratings is stable. The rating action affects RM100 million of outstanding notes issued under the programme. The rating of the Junior Notes reflects its subordination to the Senior Notes in respect of profi...

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Thursday, Aug 12, 2010
MARC has affirmed the ratings of special purpose company Serrisa Sinar Berhad’s (Serrisa Sinar) RM200 million ICP/IMTN notes (Senior Notes) and RM20 million Junior IMTN (Junior Notes) at MARC-1ID /AAID and A+ID respectively. The rating outlook is stable. The affirmed ratings reflect the credit quality of the rental payment stream from creditworthy telecommunication companies as the source of...

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Thursday, Dec 31, 2009
MARC has affirmed the ratings of special purpose company Serrisa Sinar Berhad’s (Serrisa Sinar) RM200 million ICP/IMTN notes (Senior Notes) and RM20 million Junior IMTN (Junior Notes) at MARC-1ID/AAID and A+ID respectively. The outlook on the ratings is stable. The ratings reflect the credit quality of the rental payment stream from creditworthy telecommunication companies as the source of r...

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Wednesday, Apr 23, 2008
MARC has assigned the ratings of MARC-1ID/AAID and A+ID to Serrisa Sinar Berhad’s (SSB) RM200 million ICP/IMTN notes (Senior Notes) and RM20 million Junior IMTN (Junior Notes) (collectively, ICP/IMTN Facility). The ratings of the Senior Notes reflect the credit quality of the rental payment stream from creditworthy telecommunication companies (telcos) that is assessed to be MARC-1ID/AAID. Th...

This article has been viewed 1339 times.