MARC has assigned a final rating of AAIS with a stable outlook to S P Setia’s RM3.0 billion Islamic Medium-Term Notes Programme.
The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based.
For full details of the assigned rating, please see S P Setia’s preliminary rating announcement on May 4, 2021. The complete analysis is provided in the Credit Analysis Report which is available on MARC’s website at www.marconline.com.my.
Contacts:
Lee Chi Han, +603-2717 2939 / chihan@marc.com.my;
Umar Abdul Aziz, +603-2717 2962 / umar@marc.com.my;
Taufiq Kamal, +603-2717 2951/ taufiq@marc.com.my.
© Press Release 2021
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