MARC extends watch rating on PLUS sukuk


“The MARCWatch extension continues to reflect the pending outcome of the ongoing negotiations on toll restructuring between the toll concessionaire and the government, ” MARC said.

PETALING JAYA: Malaysian Rating Corp Bhd (MARC) continues to keep its “MARC Watch Developing” placement on Projek Lebuhraya Usahasama Bhd’s (PLUS) RM23.35bil sukuk musharakah programme.

MARC said in a statement yesterday that this rating action followed from the previous rating actions in January and April 2020.

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MARC , PLUS , highway , sukuk , watch rating ,

   

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