E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/8/2021 in the Prospect News Emerging Markets Daily.

Fitch pulls Samba ratings

Fitch Ratings said it withdrew Samba Financial Group’s ratings following its merger with the Saudi National Bank.

“Ratings for senior unsecured notes issued by Samba Funding Ltd. were aligned with SNB's IDRs as the bank now acts as obligor under the program. Samba Funding Limited's debt will be transferred to SNB,” Fitch said in a press release.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.