MARC Assigns Final Rating of AA-IS to SAJ Capital's RM650.0 Million Sukuk Murabahah; Outlook Stable

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1. IB Press Release Service Published on :​ ​IslamicBanker.com Publications: ​https://www.islamicmarkets.com/publications MARC Assigns Final Rating of AA-IS to SAJ Capital's RM650.0 Million Sukuk Murabahah; Outlook Stable 19 January 2017 MARC has assigned a final rating of AA-IS to SAJ Capital Sdn Bhd's (SAJ Capital) Sukuk Murabahah of up to RM650 million for up to 12 years. The outlook on the rating is stable. Upon review of the final documentation of the issuance, MARC is satisfied that the terms and conditions of the Sukuk Murabahah have not changed in any material way from the draft documentation on which the earlier preliminary rating of AA-IS was based. For full details of the assigned rating, please see SAJ Capital's preliminary rating announcement on December 5, 2017. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at www.marconline.com.my. Organisation Name: News Type: Malaysian Rating Corporation Berhad (MARC) RATING ANNOUNCEMENT Source: BNM Announcements Media Contact David Lee, +603-2717 2955/ david@marc.com.my Disclaimer: This communication is provided by Malaysian Rating Corporation Berhad (MARC) on the basis of information believed by MARC to be accurate and reliable as derived from publicly available sources or provided by the rated entity or its agents. MARC, however, has not independently verified such information and makes no representation as to the accuracy or completeness of such information. Any assignment of a credit rating by MARC is solely to be construed as a statement of its opinion and not a statement of fact. A credit rating is not a recommendation to buy, sell, or hold any security.