MARC Ratings has withdrawn its rating of AAAIS/Stable on Gas District Cooling (Putrajaya) Sdn Bhd’s (GDC Putrajaya) RM300.0 million Al-Bai’ Bithaman Ajil Islamic Debt Securities (BaIDS) following the full settlement of the final tranche of the BaIDS (Tranche 6 of RM50.0 million) on December 2, 2022. Accordingly, MARC Ratings will no longer provide analytical coverage on GDC Putrajaya.
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MARC Ratings withdraws rating on GDC Putrajaya’s Islamic Debt Securities on full redemption
7 December 2022
Access the full report here.
Contacts
Hafiza Abdul Rashid
+603-2717 2955/ hafiza@marc.com.my