KUALA LUMPUR: Malaysian Rating Corporation (MARC) revised the outlook on its ratings on Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd’s (Kesturi) two tranches of debts notes to stable from negative.
It said on Friday it had affirmed the ratings of AA-IS and A- on Kesturi's RM2.3bil sukuk musharakah (senior sukuk) and RM180mil redeemable secured junior bonds.
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