Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Saudi Electric Co. > News item |
S&P assigns A to Saudi Electric sukuk
S&P said it assigned its preliminary A rating to the U.S. dollar trust certificates to be issued by Saudi Electric Co. under its $6 billion sukuk program.
The rating is based on the evaluation that the sukuk fulfills the five conditions for the agency to rate the certificates, S&P said.
The outlook is stable.
© 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.