MARC Ratings has assigned final ratings of MARC-1IS and AAAIS to Pantai Holdings Sdn Bhd’s existing Islamic Commercial Papers (ICP) Programme and Islamic Medium-Term Notes (IMTN) Programme, collectively “Sukuk Programmes”, with a combined aggregate limit of up to RM15 billion. The long-term rating outlook is stable.
The rating agency has reviewed the final documentation for the Sukuk 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 Pantai Holdings’ preliminary ratings announcement dated 19 September 2025.