Thursday 11, February 2016 by Matthew AmlĂ´t

MARC assigns AAIS rating to SME Darby Berhad’s proposed Sukuk programme

MARC has assigned a preliminary rating of AAIS to Sime Darby Berhad’s (Sime Darby) Perpetual Subordinated Sukuk Programme (Perpetual Sukuk) of up to MYR 3.0 billion, and has affirmed the ratings of MARC-1ID/AAAID on the existing MYR 4.5 billion Islamic Medium Term Note (IMTN) Programme and MYR 500.0 million Islamic Commercial Paper/Islamic Medium Term Note (ICP/IMTN) Programme with a combined limit of MYR 4.5 billion.

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