Press Releases - Category: Plantations
Displaying 1-7 of 7 results.
Thursday, Nov 18, 2021
MARC has affirmed Sime Darby Plantation Berhad’s (SD Plantation) corporate credit rating at AAA with a stable outlook. The rating agency has concurrently affirmed its AAIS/Stable rating on SD Plantation’s Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to RM3.0 billion.The affirmed ratings are driven by SD Plantation’s strong cash flow generating ability from its sizeable geog...

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Tuesday, Oct 20, 2020
MARC has affirmed Sime Darby Plantation Berhad’s (SD Plantation) corporate credit rating at AAA with a stable outlook. Concurrently, the rating agency has affirmed its AAIS/Stable rating on SD Plantation’s Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to RM3.0 billion.SD Plantation’s sizeable, geographically-diversified and integrated palm oil operations remain key rati...

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Monday, Dec 16, 2019
MARC has affirmed Sime Darby Plantation Berhad’s (SD Plantation) corporate credit rating at AAA, and its Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to RM3.0 billion at AAIS. The ratings outlook is stable. The affirmed corporate credit rating is driven by SD Plantation’s strong cash flow generating ability from its sizea...

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Friday, Sep 14, 2018
MARC has affirmed Sime Darby Plantation Berhad’s (SD Plantation) corporate credit rating at AAA, and accordingly affirmed its Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to RM3.0 billion at AAIS. The ratings outlook is stable. SD Plantation benefits from a one-notch rating uplift for implicit support from major shareholder Permodalan Nasional Berhad (PNB), a government-linked...

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Friday, Jun 23, 2017
MARC has assigned a final rating of AAIS to Sime Darby Plantation Sdn Bhd’s (SDP) Perpetual Subordinated Sukuk Programme of up to RM3.0 billion (Perpetual Sukuk). The outlook on the rating is stable.Upon review of the final documentation of the proposed issuance, MARC is satisfied that the terms and conditions of the Perpetual Sukuk have not changed in any material way from the draft documentati...

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Friday, Jun 09, 2017
MARC has assigned a preliminary rating of AAIS to Sime Darby Plantation Sdn Bhd’s (SDP) Perpetual Subordinated Sukuk Programme of up to RM3.0 billion (Perpetual Sukuk) with a stable outlook. The Perpetual Sukuk is a novation of the existing Perpetual Sukuk of Sime Darby Berhad, currently the holding company of SDP. The existing outstanding amount under the Perpetual Sukuk is RM2.2 billion....

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Thursday, May 25, 2017
MARC has assigned a corporate credit rating of AAA to Sime Darby Plantation Sdn Bhd (SDP) with a stable outlook. The long-term rating benefits from a one-notch rating uplift for implicit support from government-linked investment company Permodalan Nasional Berhad (PNB), who will become SDP’s new direct majority shareholder upon the completion of the reorganisation of conglomerate Sime Darby Ber...

This article has been viewed 748 times.