28.02.2012 - DRB-Hicomís Islamic-bonds rating downgraded to negative
Malaysia Rating Corporation Bhd (MARC) has revised DRB-Hicom Bhd's sukuk rating on its RM1.8bil Islamic Medium Term Notes (IMTN) programme from stable to negative. The outlook recognises the potential weakening of DRB-Hicom's near-to-intermediate term financial profile, caused by its debt-funded acquisition of Proton Holdings Bhd...............................................Full Article: Source
Print