MARC affirms ratings on Putrajaya's three debt note programmes


As at end-June 2019, Putrajaya Holdings Sdn Bhd had delivered 40 government building projects with a total gross built-up area of 37.5 million sq ft under lease-sublease arrangements with the government.

KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) affirmed its ratings on Putrajaya Holdings Sdn Bhd’s (PJH) issuances for three Sukuk Musharakah programmes at AAA/stable.

The rating agency said on Tuesday they involved RM370mil Sukuk Musharakah programme (due 2030); RM3bil Sukuk Musharakah Programme (due 2032) and RM1.5bil Sukuk Musharakah Medium-Term Notes (MTN) Programme (due 2033).

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