logo

Posted Date: September 20, 2019

MARC has assigned a final rating of A with a stable outlook to WCT Holdings Berhad’s proposed Perpetual Sukuk Musharakah Programme (perpetual sukuk) of up to RM1.0 billion.

Upon review of the final documentation for the programme, MARC is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the earlier preliminary rating of A was based.

For full details of the assigned rating, please see WCT Holdings’ preliminary rating announcement on August 28, 2019. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.

Contacts:
Lim Chi Ching, +603-2717 2963/ chiching@marc.com.my;
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my

List related news | List related issues | List related reports