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MERIS (Middle East Rating & Investors Service) affirms the National Scale Rating (NSR) of an “A-” grade for Housing and Development Bank “HDB” for the entity, with a “Stable” Outlook

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE TENTH MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY THE EGYPTIAN SECURITIZATION COMPANY AND BACKED BY A PORTFOLIO ORIGINATED BY CORPLEASE S.A.E. (NINTH PORTFOLIO)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE 9th MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY EGYPTIAN SECURITIZATION COMPANY AND BACKED BY A PORTFOLIO OF REAL ESTATE RECEIVABLES ORIGINATED BY PALM HILLS DEVELOPMENT COMPANY AND ITS SUBSIDIARIES

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE FIFTH MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY CAPITAL SECURITIZATION COMPANY AND THE SECOND SECURITIZATION ORIGINATED BY DRIVE FINANCE COMPANY

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE SIXTH MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY CAPITAL FOR SECURITIZATION COMPANY AND ORIGINATED BY GB LEASE S.A.E.

MERIS (Middle East Rating & Investors Service) Maintained the National Scale Rating (NSR) of Palm Hills Development S.A.E. (PHD) at “BBB+”, with a “Stable Outlook” For the Entity and “BBB-” for the First Musharka Sukuk backed by Badya Project, with a Stable Outlook, Issued by Sarwa Sukuk Company (Third Issue)