MARC Ratings affirms AA-IS rating on Tanjung Bin O&M’s sukuk
MARC Ratings has affirmed its AA-IS rating on Tanjung Bin O&M Berhad’s outstanding RM165.0 million Sukuk Wakalah with a stable outlook. The rating reflects the credit strength of Tanjung Bin O&M’s parent, Malakoff Power Berhad (MPower) (AA-IS /Stable), which has provided an unconditional and irrevocable undertaking to top up any shortfall in the finance service …
MARC Ratings affirms AA-IS rating on Tanjung Bin O&M’s sukuk Read More »