Fitch rates KSA sukuk ‘A+’

Riyadh – Mubasher: Fitch Ratings has assigned on Thursday a final rating of “A+” to Saudi Arabia's US dollar-denominated sukuk, with a stable outlook.

The rating firm noted that the rating comes in line with the expected rating assigned on 4 April 2017.

Earlier, the Saudi Ministry of Finance (MoF) said that it had received strong demand from investors on its first global issue under the sukuk programme.

Total subscription orders for the sukuk surpassed $33 billion (SAR 123.75 billion).

Mubasher Contribution Time: 20-Apr-2017 13:13 (GMT)
Mubasher Last Update Time: 20-Apr-2017 13:20 (GMT)

Request a Trial

Title:*
First Name:*
Last Name:*
Job Title:*
Phone:*
Company:*
Email:*
Country:*
Comments:
*Required Fields
 
Submit

Already Registered?

Username/ Email:
Password:
 
Login
Support & Feedback
Ask for free trial