23.04.2013 - Westports' sukuk ratings affirmed, outlook stable
Malaysian Rating Corp Bhd (MARC) has affirmed Westports Malaysia Sdn Bhd's sukuk issuances at AA+IS. The sukuk issuances comprised a Sukuk Musyarakah programme of up to RM2 billion and a Sukuk Musyarakah Medium Term Notes (MTN) programme of up to RM800 million. In a statement yesterday, MARC said the rating outlook is stable, as it anticipates Westports will continue to maintain its competitive standing and operating margins as well as prudently manage its liquidity position...............................................Full Article: Source
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