Displaying 1-7 of 7 results.
MARC has withdrawn its MARC-2 rating on RCE Premier Sdn Bhd’s (RCEP) RM50.0 million Commercial Papers (CP) programme following the full redemption of outstanding CPs and subsequent cancellation of the programme on October 29, 2010, as confirmed by the facility agent, MIDF Amanah Investment Bank Bhd.Contacts: Ruben Khoo, 03-2082 2265/ rubenkhoo@marc.com.my; Sandeep Bhattacharya, 03-2082 2247/...
This article has been viewed 897 times.
MARC has affirmed the MARC-2 ratings of RCE Premier Sdn Bhd’s (RCEP) RM50.0 million Commercial Papers (CP) programme. The ratings carry a stable outlook. The affirmations are premised on the satisfactory performance of the securities’ underlying portfolios of receivables, and the maintenance of the minimum collateral cover of 1.3 times, supported by an undertaking from RCE Marketing Sd...
This article has been viewed 991 times.
MARC has affirmed the A and MARC-2 ratings of RCE Premier Sdn Bhd’s (RCEP) RM45.0 million Fixed Rate Serial Bonds and up to RM50.0 million Commercial Papers (CP) programme, respectively. The ratings carry a stable outlook. The affirmations are premised on the satisfactory performance of the securities’ underlying portfolios of receivables, and the maintenance of the minimum collateral ...
This article has been viewed 1023 times.
The ratings of RCE Premier Sdn Bhd’s (RCEP) RM45.0 million Fixed Rate Serial Bonds and up to RM50.0 million CP programme have been reaffirmed at A and MARC-2, respectively. The reaffirmed ratings reflect the low average monthly delinquency and default rates of the consumer receivables and loans portfolios backing the bonds and CPs; and ample cash balances in the designated accounts to meet n...
This article has been viewed 1026 times.
The ratings of RCE Premier Sdn Bhd’s (RCEP) RM45.0 million Fixed Rate Serial Bonds and up to RM50.0 million CP programme has been reaffirmed at A/MARC-2 with stable outlook. The rating is supported by, amongst others, the collateral, comprising identified eligible receivables (IER) and cash balances in the designated accounts backing the bonds and CPs, of not less than 1.3 times the total ou...
This article has been viewed 877 times.
MARC has affirmed RCE Premier Sdn Bhd’s (RCEP) ratings of RM45.0 million Fixed Rate Serial Bonds at A and RM50.0 million Underwritten Commercial Papers at MARC-2. The ratings reflect the overcollateralisation (OC) ratio of 1.3 times over the identified eligible receivables (IER) purchased by RCEP maintained at all times; provision for substitution of defaulted IER and/or early settlement with pe...
This article has been viewed 979 times.
MARC has assigned ratings of A/MARC-2 to RCE Premier Sdn. Bhd.’s (RCEP) RM45 million 5-year fixed rate serial bonds and up to RM50 million 7-year underwritten commercial paper facility. The ratings assigned to RCE Premier Sdn Bhd’s (RCEP) proposed Bonds and CP programme (referred to as the Facilities) reflect the 1.3 times security cover of receivables purchased by RCEP to be maintained at al...
This article has been viewed 929 times.