MoneyMax Financial Services Unit Receives AA- Rating by MARC Ratings

MT Newswires06-19 12:57

MoneyMax Financial Services' (SGX:5WJ) Malaysian subsidiary, MoneyMax Treasure, was given an AA-/MARC-1 rating with a stable outlook from MARC Ratings for its 200 million ringgit tranche issuance, according to a Thursday filing with the Singapore Exchange.

The bonds are part of the financial services company's 500 million ringgit commercial paper medium-term bonds program, established on the same day.

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