From Thestar.com.my: Malaysian Rating Corp Bhd (MARC) has affirmed the ratings of ABS Logistics Bhd’s senior sukuk comprising RM100mil of class A, RM20mil of class B and RM40mil of class C at AAAIS, AAIS and AAAIS (bg) respectively with stable outlook.
In a statement yesterday, MARC said the affirmed ratings of the class A and class B asset-backed sukuk were premised on the continued satisfactory performance of the industrial warehouses backing the sukuk during the review period of April 2009 to March 2010……………………………………….Full Article: Source