MARC has assigned ratings of AAA to Prima Uno Berhad’s (Prima Uno) RM290.0 million Super Senior A, RM335.0 million Super Senior B and RM190.0 million Senior secured fixed-rate asset-backed bonds; AA to RM40.0 million Mezzanine secured fixed-rate; and BB to RM95.0 million subordinated junior secured variable-rate asset-backed bonds respectively. The ratings are based on the total credit enhan...

MARC affirms three classes of bonds and downgrades one class of bonds issued by CapOne Berhad. The following rating actions are effective immediately:--RM600 million super senior class A-1 notes affirmed at 'AAA'.--RM250 million senior class A-2 bonds affirmed at 'AAA';--RM50 million mezzanine bonds affirmed at 'AA'; and--RM100 million subordinated bonds downgraded to 'BB-' from 'BB'.CapOne Berhad...

MARC is currently undertaking the annual review on CapOne Berhad’s (CapOne)  secured fixed rate asset-backed bonds comprising of RM600 million Super Senior Class A-1, RM250 million Senior Class A-2, RM50 million Mezzanine Class B and subordinated secured variable rate asset-backed bonds of RM100 million. Based on the portfolio review of the corporate loan borrowers (obligors), the portf...

MARC has reaffirmed the rating of Kerisma Bhd’s (Kerisma) RM870.0 million senior secured bonds at AAA; and, downgraded the RM30.0 million mezzanine secured bonds and RM100.0 million subordinated secured bonds from AA and BB to AA- and BB- respectively. The downgrades are premised on the decline in the weighted average rating (WAR) of Kerisma’s portfolio of corporate loans to A-/BBB+ fr...

MARC is currently undertaking a review for possible downgrades on the long-term ratings of Kerisma Bhd’s (Kerisma) RM870.0 million senior secured bonds, RM30.0 million mezzanine secured bonds and RM100.0 million subordinated secured bonds. The review for possible downgrades is based upon the downgrade of an obligor to D following the obligor’s failure to pay interest on its loan under ...

MARC has downgraded the long-term ratings of Aegis One Bhd’s (Aegis One) RM900.0 million senior secured bonds and RM100.0 million subordinated secured bonds from AAA and BB to AA and B respectively. The downgrades are premised on the decline in the weighted average rating of Aegis One’s portfolio of corporate loans to BBB/BBB- from A-/BBB+ following the default of two obligors in the p...

MARC is currently undertaking a review for possible downgrades on the long-term ratings of Aegis One Bhd’s (Aegis One) RM900.0 million senior secured bonds and RM100.0 million subordinated secured bonds. MARC had announced in March 2006 the reaffirmation with negative outlook on the long-term ratings of Aegis One’s senior and subordinated bonds at AAA and BB respectively following the ...

MARC has reaffirmed with negative outlook the long-term ratings of Aegis One Bhd’s (Aegis One) RM900.0 million senior secured bonds and RM100.0 million subordinated secured bonds at AAA and BB respectively. The reaffirmation is based upon the weighted average rating of Aegis One’s portfolio of corporate loans at A-/BBB+; comfortable overcollateralization and interest coverage ratios; the adequ...

MARC has assigned ratings of AAA to CapOne Berhad’s (CapOne) RM600.0 million Super Senior Class A-1 and RM250.0 million Senior Class A-2 secured fixed-rate asset-backed bonds; AA to RM50.0 million Mezzanine Class B secured fixed-rate; and BB to RM100.0 million subordinated junior secured variable-rate asset-backed bonds respectively. The ratings are based on the total credit enhancement of 68.8%...

MARC has affirmed the ratings of AAA, AA and BB to Kerisma Bhd’s (Kerisma) RM870.0 million senior 5-year secured fixed-rate, RM30.0 million mezzanine 5-year secured fixed-rate and RM100.0 million 5-year subordinated secured variable-rate asset-backed bonds. The ratings are based on improved total credit enhancement levels for the senior and mezzanine bonds respectively, the A- weighted average r...