Saudi Arabia – Ratings Upgraded; Outlook Revised to Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded Saudi Arabia's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) to 'AA-' from 'A+'. At the same time, CI Ratings has upgraded the sovereign's Short-Term (ST) FCR and ST LCR to 'A1+' from 'A1'. The Outlook on the ratings has been revised to Stable from Positive.

Attachments

• Rating Announcement (CRA)
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• Sovereign Rating Report (Saudi Arabia)
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