Posted Date: February 28, 2022
MARC Ratings has assigned a final rating of AA-IS(CG) to Point Zone (M) Sdn Bhd’s Islamic Medium-Term Notes (Sukuk Wakalah) programme of RM3.0 billion 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.
For full details on the assigned rating, please see Point Zone’s preliminary rating announcement dated January 13, 2022. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.