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null MARC assigns MARC-1IS and A+IS ratings to George Kent’s sukuk programmes

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MARC assigns MARC-1IS and A+IS ratings to George Kent’s sukuk programmes

14 Jan 2021 | Thursday Source: The Edge Markets

Malaysian Rating Corp Bhd (MARC) has assigned preliminary ratings of MARC-1IS and A+IS to George Kent (Malaysia) Bhd’s proposed RM100 million Islamic Commercial Papers (ICP) Programme and RM500 million Islamic Medium-Term Notes (IMTN) Programme.

The ratings outlook is stable, the rating agency said in a statement today.

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