Posted Date: September 14, 2022
MARC Ratings has withdrawn its ratings of MARC-1IS(cg) /AA-IS(cg) on Sunway Treasury Sukuk Sdn Bhd's Islamic Commercial Papers and Islamic Medium-Term Notes (ICP/IMTN) programme with a limit of RM2.0 billion. The withdrawal follows the expiry of the programme on June 6, 2022 as confirmed by the facility agent.
The rating agency's analytical coverage is now limited to Sunway Treasury Sukuk's RM10.0 billion ICP/IMTN programme and its parent Sunway Berhad's RM2.0 billion CP/MTN programme. The programmes carry ratings of MARC-1IS(cg) /AA-IS(cg) and MARC-1/AA- with a stable outlook.
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