News & Credit Rating Announcements
22 January 2024 | Country: Qatar
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National Scale Rating of ‘qaBBB’ Assigned to Estithmar Sukuk Limited L.L.C. Trust Certificate Issuance Programme; Outlook is Stable
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned a long-term programme rating of 'qaBBB' on the Qatar National Scale to the up to QAR3.4bn Trust Certificate Issuance Programme established by Estithmar Sukuk Limited L.L.C. The Outlook for the rating is Stable. The issuer is a Special Purpose Company (SPC) incorporated in the Qatar Financial Centre for the purpose of acting as the issuing entity for the Obligor, Estithmar Holding Q.P.S.C. (EH).
Attachments
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Rating Announcement (CRA)
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