Moody's Affirms Khazanah's A3 Rating with Stable Outlook

Moody's Ratings has affirmed Khazanah Nasional Bhd's A3 long-term issuer rating and baa3 Baseline Credit Assessment with a stable outlook. The rating agency has also affirmed the A3 senior unsecured ratings on bonds and sukuk issued by Khazanah Capital Ltd. and Khazanah Global Sukuk Bhd, as well as the A3 senior unsecured rating on trust certificates of Dua Capital Ltd. The stable outlook reflects Moody's expectation that Khazanah will continue to pursue a conservative financial strategy and maintain stable leverage.