MARC has affirmed the ratings of A+ID and MARC-2ID/A+ ID on Konsortium Lapangan Terjaya Sdn Bhd’s (“KLT”) RM380.0 million Bai Bithaman Ajil Medium-Term Notes (“BBA MTN”) and up to RM80.0 million Murabahah Commercial Papers/Medium-Term Notes Programme respectively (“MCP/MTN”) (collectively known as “Finance Facilities”). The ratings reflect, amo...

MARC has assigned rating of A+ID and MARC-2ID/A+ID to KLT’s proposed issuance of RM380 million BBA MTN and up to RM80 million MCP/MTN (“collectively known as Finance Facilities”) respectively. Proceeds from the Finance Facilities will be utilised to repay an existing bridging loan; to part finance the construction costs of Section II of the Kuala Lumpur – Putrajaya Highway (“the Highway�...