MARC has reaffirmed 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. This is premised on the reaffirmation of the weighted average rating of Aegis One’s portfolio of corporate loans at A- / BBB+; comfortable overcollateralization and interest coverage ratios; the adequacy of supe...

MARC has assigned ratings of AAA, AA and BB to Kerisma Bhd’s (Kerisma) RM870.0 million senior secured fixed-rate, RM30.0 million mezzanine 5-year secured fixed-rate and RM100.0 million junior secured variable-rate asset-backed bonds. The ratings are based on the total credit enhancement of 16.4% and 12.6% for the senior and mezzanine bonds respectively, the A- weighted average rating of the unde...

MARC has affirmed 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. This is premised on the affirmation of the weighted average rating of Aegis One’s portfolio of corporate loans at A- / BBB+; comfortable overcollateralization and interest coverage ratios; the adequacy of supervis...

Malaysian Rating Corporation Berhad (MARC) has assigned long-term ratings to Aegis One Berhad’s (Aegis One) RM900 million nominal value 5.2% asset backed senior bonds due 2007 and RM100 million nominal value variable rate asset backed subordinated junior bonds due 2007 of AAA (triple A) and BB (double B) respectively.Aegis One is a bankruptcy remote special-purpose company incorporated in Malays...