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Farhan Darham
+603-2717 2945/ farhan@marc.com.my
Yazmin Abdul Aziz
+603-2717 2948/ yazmin@marc.com.my
MARC Ratings has withdrawn its rating of AAAIS on MBSB Bank Berhad’s Tranche 2 under the RM2.295 billion Structured Covered Sukuk Murabahah facility. The rating withdrawal follows the full redemption of the outstanding amount of RM55.0 million on December 10, 2024, as confirmed by the facility agent.
MARC Ratings’ analytical coverage on the Structured Covered Sukuk Murabahah facility is now limited to Tranche 3 (AAAIS) and 4 (AA+IS).
