Month: August 2017

IDB rating affirmed

MARC has affirmed its long- and short-term financial institution ratings of AAA and MARC-1 respectively on the Islamic Development Bank. Concurrently, the rating agency affirmed its AAAIS rating on the Sukuk Wakalah…

TNB Northern Energy Sukuk

MARC has affirmed its AAAIS rating on TNB Northern Energy's outstanding Sukuk of RM1.595bn with a stable outlook. TNB Northern Energy is a funding vehicle of its parent TNB…

Ranhill Powertron II rating

MARC has affirmed its ratings on Ranhill Powertron II’s RM240m outstanding Islamic Medium-Term Notes (IMTN) and RM350m outstanding guaranteed IMTN at AAIS and AAAIS(fg) respectively. The outlook on the…