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MARC has withdrawn its rating of AAAIS on Putrajaya Management Sdn Bhd’s (PMSB) RM370.0 million Islamic Medium-Term Notes (Sukuk Wakalah) Programme at the request of the issuer. No Sukuk Wakalah have been issued to date and the issuer is in the process of cancelling the Sukuk Wakalah Programme.Upon the withdrawal of the rating, MARC will no longer be providing analytical coverage on the issu...
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MARC has assigned a final rating of AAAIS with a stable outlook to Putrajaya Management Sdn Bhd’s (PMSB) RM370.0 million Islamic Medium Term Notes (Sukuk Wakalah) Programme upon the receipt of final documentation for its forthcoming issuance. The terms and conditions of the Sukuk Wakalah Programme have not changed in any material way from the draft documents on which the earlier preliminary ...
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MARC has assigned a preliminary rating of AAA(IS) with a stable outlook to Putrajaya Management Sdn Bhd’s (PMSB) proposed Islamic Medium Term Notes (Sukuk Wakalah) programme of up to RM370.0 million. The proceeds from the issuance will be mainly utilised to finance the construction of the 31-storey Ministry of International Trade and Industry (MITI) office tower, which is being undertaken by...
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