Thursday 29, January 2015 by Matthew Amlôt

MARC affirms its AAAIS rating on Projek Lebuhraya Usahasama Berhad's MYR 23.35 billion Sukuk

MARC has affirmed the AAAIS rating on tolled road concessionaire Projek Lebuhraya Usahasama Berhad's (PLUS Berhad) MYR 23.35 billion Sukuk Musharakah Programme with a stable outlook. The rating affirmation continues to incorporate a two-notch rating uplift from PLUS Berhad’s standalone rating of AA on the basis of support assumption from the Malaysian government with respect to the programme.

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