KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has assigned an AAAIS rating to Midciti Sukuk Bhd’s RM880mil Islamic medium-term notes programme with a stable outlook.
“KLCC Real Estate Investment Trust (REIT) and Midciti Sukuk will enter into an inter-financing agreement. Under the agreement, the sukuk proceeds are onlent to KLCC REIT.
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