MARC Ratings has withdrawn its ratings of MARC-1IS(cg)/AA-IS(cg) on Sunway Treasury Sukuk Sdn Bhd’s RM10.0 billion Islamic Commercial Papers/ Islamic Medium-Term Notes (ICP/IMTN) Programme following the full redemption of the outstanding amount and the programme’s expiry on 19 March 2026, as confirmed by the facility agent.
MARC Ratings’ analytical coverage of Sunway Berhad now comprises the following ratings:
- Sunway Treasury Sukuk’s RM3.0 billion ICP/IMTN Programme with a rating of MARC-1IS(cg)/AA-IS(cg)/positive
- Sunway’s RM2.0 billion CP/MTN Programme with a rating of MARC-1/AA-/positive
- Sunway’s RM5.0 billion Perpetual Sukuk Programme with a rating of AIS/positive; and
- Sunway Treasury Sukuk’s RM10.0 billion IMTN Programme with a rating of AA-IS/positive.