Rawabi Holding Company – Rating on SAR184mn Series 4 Sukuk Withdrawn following Repayment

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Summary

18 December 2025

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the National Scale Issue Rating of ‘saA’ with a Stable Outlook assigned to Rawabi Holding Company (RHC) SAR184mn Series 4 Sukuk. The rating withdrawal follows repayment of the Sukuk on 12 November 2025.

Rating prior to withdrawal

Issue Rating SAR184mn (Saudi Arabia National Scale)
Long-Term Outlook
saA Stable

Contact

Primary Analyst: Rory Keelan, Senior Credit Analyst; E-mail: rory.keelan@ciratings.com

Secondary Analyst: Farah Khan, Senior Credit Analyst; E-mail: farah.khan@ciratings.com

Committee Chairperson: Morris Helal, Senior Credit Analyst

About the Ratings

The credit ratings have been issued by Capital Intelligence Ratings Ltd, P.O. Box 53585, Limassol 3303, Cyprus.

The information sources used to prepare the credit ratings prior to their withdrawal were as follows: public information and information provided by the…