03.12.2013 19:02:00
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Tadamun Services Berhad -- Moody's Assigns Aaa Ratings to Islamic Development Bank's Malaysian sukuk
New York, December 03, 2013 -- Moody's Investors Service today assigned a Aaa rating to the trust certificates issued by Tadamun Services Berhad ("TSB"), a special purpose vehicle incorporated as a company in Malaysia. The Company was established to act as an Islamic financing conduit for the Islamic Development Bank ("IsDB"). Moody's Aaa rating of the sukuk certificates is based on its Aaa issuer rating of the IsDB as well as an analysis of the transaction structure.