Steady footing: Workers monitor control panel at TNB’s sub-station in Bayan Lepas. TNB’s cash generation ability remains fairly strong with its net cashflow from operations of RM11.4bil in FY15.
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed Tenaga Nasional Bhd
’s (TNB) issuer rating of AAA and Islamic debt rating of AAAID on its outstanding RM2bil Al-Bai’ Bithaman Ajil bonds.
The ratings agency said the rating outlook for the power giant was “stable”.
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