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MALAYSIA'S PUTRAJAYA HOLDINGS GIVEN AAA1D RATING BY MARC.
Publication: AsiaPulse News Publication Date: 05-FEB-01 |
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COPYRIGHT 2001 Asia Pulse Pty Ltd
KUALA LUMPUR, Feb 5 Asia Pulse - Putrajaya Holdings Sdn Bhd's (PJH) RM861.14 million Al-Bai Bithaman Ajil (ABBA) Bonds (Parcel C) and RM1,288.88 million ABBA Bonds (Parcel D) issuance facilities have been assigned long-term ratings of AAA1D by Malaysian Rating Corporation Bhd (MARC).
MARC in a statement Monday said that the ratings reflected the superior credit quality, which essentially was that of the government who would be responsible for the sub-lease rental payments...
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