MISC (3816.KL)

MISC Capital Two (Labuan) Limited -- Moody's assigns (P)Baa2 to MISC's MTN program and Baa2 rating to first MTN drawdown

Rating Action: Moody's assigns (P)Baa2 to MISC's MTN program and Baa2 rating to first MTN drawdownGlobal Credit Research - 29 Mar 2022Singapore, March 29, 2022 -- Moody's Investors Service has assigned a provisional (P)Baa2 senior unsecured rating to the $3.0 billion global medium-term note (MTN) program established by MISC Capital Two (Labuan) Limited, a wholly owned subsidiary of MISC Berhad (MISC, Baa2 stable). The notes are guaranteed by MISC.At the same time, Moody's has assigned a Baa2 senior unsecured rating to the proposed drawdown under MISC Capital Two (Labuan) Limited's MTN program.