Fitch Ratings has assigned an A+ rating to QIB Sukuk Ltd’s $750m five-year trust certificates. QIBSL is a special purpose vehicle (SPV), incorporated in the Cayman Islands to act as the issuer of the certificates and trustee for the holders…
Tag: rating
Fitch affirms AA rating for Kuwait
Fitch Ratings has affirmed Kuwait’s long-term foreign and local currency Issuer Default Ratings (IDR) at AA with a stable outlook. The country ceiling has been affirmed at AA+ and the short-term foreign currency IDR at F1+. Fitch says Kuwait’s ratings…