Distributions to shareholders and payments on subordinated shareholder advances will only be allowed after the first redemption of the IMTN
, provided that the FSCR is maintained at 1.50 times or above after such payment is made.
8 December 2011 - MARC said on Wednesday it had removed from "developing" watch its AAID long-term rating on the MYR700m (USD223.5m/EUR166.7m) Islamic medium term notes (IMTN
) programme of Malaysia-based investment holding MTD InfraPerdana Bhd.
The month concluded with Malaysia's toll-road operator Konsortium Lebuhraya Utara-Timur (Kesturi) issuing an MYR820 IMTN
sukuk in the domestic market to redeem existing sukuk.
On May 27, 2009, Low advised the fund to sign a deal arranged by AmInvestment Bank Bhd to raise RM5 billion via the issuance of Islamic medium-term notes (IMTNs
RAM Ratings has reaffirmed the AA2/Stable rating of Kesas Sdn Bhd's (the Company) MYR 735 million Sukuk Musharakahh IMTN
RAM Ratings has reaffirmed the AAA(fg)/stable rating of Puncak Wangi Sdn Bhd's (the Company) Guaranteed IMTN
Programme of up to MYR 200 million (2014/2022).
The non-guaranteed and guaranteed notes were issued under the MYR 710 million Islamic Medium-Term Notes (IMTN
The Group's Islamic Debt Programmes consist of a MYR 300 million ICP/MTN Programme (2010/2017) and a MYR 2 billion IMTN
20 September 2011 - MARC on Monday affirmed its MARC-1IS and AAAIS ratings on Pinnacle Tower Sdn Bhd's MYR50m (USD16m/EUR12m) Islamic Commercial Papers (ICP) and MYR400m Islamic Medium Term Notes (IMTN
RAM Ratings is of the view that the recently announced Unrated Sukuk Murabahahh Programme (New Sukuk) with a nominal value of up to MYR 10 billion over a tenure of up to 30 years by Maxis Broadband Sdn Bhd - a subsidiary of Maxis Berhad (Maxis) - is so far credit neutral on the AA3/Stable rating of BGSM Management Sdn Bhd's (BGSM Management or the Group) existing IMTN
Programme of up to MYR 10 billion in nominal value (2013/2043).