Moody’s affirms Khazanah’s A3 rating

The rating agency expects the government to remain accommodating and supportive to Khazanah.

PETALING JAYA: Moody’s Ratings (Moody’s) is not expecting Khazanah Nasional Bhd to provide additional financial support to its investee companies beyond the RM3.6bil pledged to Malaysia Aviation Group, the parent company of Malaysia Airlines Bhd’s (MAB), between 2021 and 2025.

In a statement, Moody’s noted that extra financial support to investee companies could strain Khazanah’s credit metrics.