MERIS (Middle East Rating & Investors Service) Assigns National Scale Ratings (NSR) to the First Issue of the First Multiple-Tranche Asset-Backed Securitization Program Issued by SODIC Securitization Company and Backed by a Portfolio of Real Estate Receivables Originated by SOREAL and Tabrouk (Wholly Owned Subsidiaries of SODIC)
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)
MERIS (Middle East Rating & Investors Service) Assigns National Scale Ratings (NSR) to the 4th Multiple-Tranche Asset-Backed Securitization Bond Issued by Al Rehab Securitization Company as Part of its 1st Program and Backed by a Portfolio of Real Estate Receivables originated by The Arab Company for Projects and Urban Development (A Subsidiary of TMG Holding)
MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) of the Sixth Multiple-Tranche Asset-Backed Securitization Bond Issued by Al Rehab Securitization Company and Originated by Abdul Latif Jameel Finance S.A.E (Third Transaction)
