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Malaysia’s proposed global Sukuk trust certificates rated A-

Posted on 21 May 2010

From Cpifinancial.net: Standard & Poor’s Ratings Services has assigned its ‘A-’ preliminary long-term issue rating to Malaysia’s (foreign currency A-/Stable/A-2, local currency A+/Stable/A-1; ASEAN scale rating axAAA/axA-1+) proposed global Sukuk trust certificates.
The rating on the proposed trust certificates of the issuer, 1Malaysia Sukuk Global Bhd. (1Malaysia), reflects the strength of the transaction documentation, including the lease and purchase undertaking agreements……………………………………..Full Article: Source

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