Posted Date: November 25, 2021

MARC has assigned a final rating of A+IS to Yinson Holdings Berhad's RM1.0 billion Islamic Medium-Term Notes (IMTN) Programme. The rating outlook is stable.

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.

For full details on the assigned rating, please see Yinson's preliminary rating announcement dated October 25, 2021. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at www.marconline.com.my.

Lee Chi Han, +603-2717 2939/ chihan@marc.com.my;
Neo Xue Wei, +603-2717 2937/ xuewei@marc.com.my;
Sharidan Salleh, +603-2717 2954/ sharidan@marc.com.my.