07.01.2013 - MARC reaffirms plantation company’s SPV sukuk, notes
Malaysian Rating Corp Bhd (MARC) has affirmed Kwantas SPV Sdn Bhd’s outstanding RM40mil class A asset-backed sukuk ijarah with a AAAID rating and a stable outlook while its RM65mil murabahah commercial papers/medium term notes (MTN) programme has also been affirmed with a stable outlook. MARC said in a press release that the murabahah/MTN programme’s ratings and outlook has been equalised with that of the originator, Kwantas Corp Bhd, via a corporate guarantee...............................................Full Article: Source
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