MARC Ratings has assigned final ratings of AAA/AAAIS to Cagamas Berhad’s RM80.0 billion Conventional/Islamic Medium-Term Notes (MTN/IMTN) Programmes. The outlook on the ratings is stable.
The rating agency has reviewed the final documentation for the programmes and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary ratings were based.
For full details on the assigned ratings, please see Cagamas’ preliminary ratings announcement dated September 5, 2024.