MARC Ratings has assigned a final rating of AA_IS to Evyap Sabun Malaysia Sdn Bhd’s RM1.0 billion Islamic Medium-Term Notes (Sukuk Wakalah) Programme with a stable outlook.

The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based. The full credit analysis report is available at https://online.marc.com.my.