AA- rating for 7-Eleven’s proposed RM600mil MTN programme

Meanwhile, its Caring Pharmacy, acquired in June 2020, is expected to contribute about 31.3% a year to group operating profit over the next three years.

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has assigned a preliminary rating of AA- to 7-Eleven Malaysia Holdings Bhd’s proposed RM600mil medium-term notes (MTN) programme with a “stable” outlook.

This reflects the group’s strong and established market position in the Malaysian convenience store segment.