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Fitch Ratings

Fitch Rates Saudi Electricity Global Sukuk Company's Trust Certificates 'AA-'

Fitch Rates Saudi Electricity Global Sukuk Company's Trust Certificates 'AA-'

Fitch Ratings assigned SEGC 2.665% USD500m trust certificates maturing in 2017 and 4.211% USD1.250bn trust certificates maturing in 2022 final 'AA-' ratings. The ratings are aligned with Saudi Electricity Company's (SEC) 'AA-' Long-term Issuer Default Rating (IDR)

April 4, 2012 4:12
 

Repeat Of 2008-2009 Unlikely For Abu Dhabi

IMF stress tests suggest that further solvency support for the emirate's banks will probably not be needed.

January 1, 2012 12:03