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MARC Withdraws It’s Rating On Symphony Life Berhad's Guaranteed Islamic MTN Programme

IB Insights
By IB Insights
7 years ago
MARC Withdraws It’s Rating On Symphony Life Berhad's Guaranteed Islamic MTN Programme

Islam, Mal


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  1. IB Press Release Service Published on IslamicBanker .com Publications: https://www.islamicmarkets.com/publications MARC Withdraws It’s Rating On Symphony Life Berhad's Guaranteed Islamic MTN Programme 17 January 2017 MARC has withdrawn its rating of AAAIS(fg)/stable on Symphony Life Berhad's (Symphony Life) Guaranteed Islamic Medium-Term Notes (IMTN) Programme. The rating withdrawal follows the full redemption and subsequent cancellation of the programme as confirmed by the facility agent. Upon the withdrawal of the ratings, MARC will no longer be providing analytical coverage on the issuer. Organisation Name: News Type: Malaysian Rating Corporation Berhad (MARC) RATING ANNOUNCEMENT Source: BNM Announcements Media Contacts Wan Abdul Muiz Wan Abdul Ghafar, +603-2082 2260/ muiz@marc.com.my; Yap Lai Ken, +603-2082 2247/ laiken@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.