Rawabi Holding Company – Withdrawal of National Scale Issue Rating on Series 12 Sukuk
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Summary
12 August 2026
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the Issue Rating on the Saudi Arabia National Scale assigned to the SAR169.6mn Series 12 Sukuk issued by Rawabi Holding Company CJSC (RHC).
The rating on this issue was previously suspended in July 2026 due to insufficient up-to-date financial and other information. The rating is now being withdrawn following the end of the grace period that followed the repayment due date of 28 July 2026. It is understood that the Issuer has refinanced/extended the Sukuk. However, CI Ratings has no information on the terms on which this refinance/extension took place.
Contact
Primary Analysts: Rory Keelan, Senior Credit Analyst; E-mail: rory.keelan@ciratings.com
Farah Khan, Senior Credit Analyst,
Committee Chairperson: Morris Helal, Senior Credit Analyst
About the Ratings
This credit rating action has been issued by Capital Intelligence Ratings Ltd, P.O. Box 53585,…