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MARC has withdrawn its AAAIS(bg) and AAAIS(fg) ratings on Ranhill Capital Sdn Bhd’s (RCSB) RM300 million bank-guaranteed (Tranche 1) and RM500 million Danajamin-guaranteed (Tranche 2) Sukuk Musharakah facilities respectively. The ratings carry a stable outlook. The ratings withdrawal follows the early redemption of the total outstanding notes of RM540 million under the tranches and the subseque...
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MARC has withdrawn its ratings of MARC-1(fg)/AAA(fg) on Riverson Corporation Sdn Bhd’s RM200.0 million Commercial Papers/Medium-Term Notes (CP/MTN) programme. The ratings withdrawal follows the full redemption and subsequent cancellation of the programme as confirmed by the facility agent.
Upon the withdrawal of the ratings, MARC will no longer be providing analytical coverage on the issuer...
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MARC has affirmed the ratings of MARC-1(fg)/AAA(fg) on Riverson Corporation Sdn Bhd’s (Riverson) RM200.0 million CP/MTN facility with a stable outlook. The outstanding amount under the rated programme currently stands at RM100.0 million. The affirmed ratings and outlook are based on the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) which ca...
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MARC has affirmed its ratings of MARC-1(fg)/AAA(fg) on Riverson Corporation Sdn Bhd’s (Riverson) RM200 million CP/MTN facility with a stable outlook. The affirmed ratings and outlook are based on the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) which carries MARC’s financial strength rating of AAA/stable. Riverson’s standalo...
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MARC has affirmed its ratings of MARC-1(fg)/AAA(fg) on property developer Riverson Corporation Sdn Bhd’s (Riverson) RM200 million CP/MTN programme with a stable outlook. The affirmed ratings and outlook are premised on the unconditional and irrevocable financial guarantee provided by Danajamin Nasional Berhad (Danajamin) for the programme. Danajamin carries a financial insurer rating of AAA/...
This article has been viewed 1713 times.
MARC has affirmed its ratings of MARC-1(fg)/AAA(fg) on Riverson Corporation Sdn Bhd’s (Riverson) RM200 million CP/MTN facility with a stable outlook. The affirmed ratings and outlook reflect the unconditional and irrevocable financial guarantee on the rated programme by Danajamin Nasional Berhad (Danajamin), which has a rating of AAA/stable from MARC. Danajamin’s rating is underpinned ...
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MARC has assigned the ratings of MARC-1(fg)/AAA(fg) to Riverson Corporation Sdn Bhd’s (Riverson) RM200 million 5-year Commercial Papers/Medium Term Notes (CP/MTN) Programme with a stable outlook. The ratings and outlook are based on the financial guarantee insurance policy extended by Danajamin Nasional Berhad (Danajamin) for the rated programme. Danajamin is currently rated AAA/stable premi...
This article has been viewed 1340 times.