Estithmar Holding – Rating of ‘qaBBB’ (Qatar National Scale) Assigned to QAR145mn Series 1 (Tranche 2) Trust Certificates

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned a national rating of 'qaBBB' to this 'tap' QAR145mn trust certificate issuance by Estithmar Sukuk Ltd LLC. The Outlook for the rating is Stable. This is the second tranche to be issued under Series 1 of the up to QAR3.4bn Trust Certificate Issuance Programme of the Obligor, Estithmar Holding Q.P.S.C (EH).

Attachments

• Rating Announcement (CRA)
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