Wednesday 11th June 2008
|Text too small?|
The rating applies to all long and short-term debt securities covered by the first-ranking debenture stock prospectus.
The securities issued under the debenture prospectus are covered by a trust deed and retain a charge over all of the non-securitized assets of Marac. All the securities are senior secured obligations of Marac and is highly unlikely that any change to the issuer credit ratings on Marac will affect the ratings assigned to the securities issued under the debenture prospectus, S&P said.
No comments yet
28th October 2021 Morning Report
Wellington Drive Technologies Limited (NZX: WDT) Performs Strongly in Q3-2021
Ryman Healthcare Limited (NZX: RYM) Acquires Extensions to Two Existing Victorian Sites
Promisia Healthcare Limited (NZX: PHL) Banking Covenant Update
Pictor Limited Announces Start of US Clinical Trials for SARS-CoV-2 Serology Test
Arvida Group Limited (NZX: ARV) Opening of Rights Offer
Move Logistics Group Limited (NZX: MOV) Announces $40m Capital Raise
27th October 2021 Morning Report
The a2 Milk Company Limited (NZX: ATM) Investor Day 2021
Contact Energy Limited (NZX: CEN) Considers Green Capital Bond Offer