ANNOUNCEMENT DETAILS

Stay updated on Malaysian bonds and sukuk.

ANNOUNCEMENT DATE
:
30-Oct-2024
CATEGORY
:
RATING ANNOUNCEMENT
SUB-CATEGORY
:
RATING ANNOUNCEMENT
TITLE
:
Tropicana Corporation Berhad
ISSUER NAME
:
TROPICANA CORPORATION BERHAD
DESCRIPTION
:
CONTENT
:
MARC RATINGS ASSIGNS FINAL RATING OF AIS TO TROPICANA'S RM1.5 BILLION IMTN PROGRAMME

MARC Ratings has assigned a final rating of AIS to Tropicana Corporation Berhad's RM1.5 billion Islamic Medium-Term Notes (IMTN) (Sukuk Wakalah) Programme. The rating outlook is stable.

The rating agency has reviewed the final documentation for the programme and is satisfied that the terms and conditions have not changed in any material way from the draft documentation on which the preliminary rating was based.

For full details on the assigned rating, please refer to our preliminary rating announcement dated August 9, 2024. The complete analysis is provided in the Credit Analysis Report which is available on MARC's website at https://online.marc.com.my.

Contacts:
Umar Abdul Aziz, +603-2717 2962/ [email protected]
Cyndy Goh, +603-2717 2941/ [email protected]
Taufiq Kamal, +603-2717 2951/ [email protected]

October 30, 2024

[This announcement is available on MARC's corporate website at www.marc.com.my]

---- DISCLAIMER ----

This communication is provided by Malaysian Rating Corporation Berhad and any of its subsidiaries or affiliates ("MARC") based on the information, reasonably believed by MARC to be accurate and reliable to the greatest extent, derived from publicly available sources or provided by the rated entity or its agents. MARC, however, has not independently verified the source of such information and makes no representation as to the accuracy, completeness and timelines of such information. Any assignment of a credit rating by MARC shall at all times solely be construed as a statement of opinion and not a statement of fact. A credit rating is not a recommendation to buy, sell or hold any security and/or investment.

? 2024 MARC Ratings Berhad
202001041436 (1397757-W)

*** DISCLAIMER ***
THIS COMPUTER SYSTEMS AND APPLICATIONS ARE OWNED AND OPERATED BY BURSA MALAYSIA.
ATTACHMENT
:
SOURCE
:
BURSA