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)
MERIS (Middle East Rating & Investors Service) Assigns National Scale Ratings (NSR) to the 1st Asset-Backed Securitization Under the Second Program Issued by EFG Hermes Securitization Company and Backed by a Portfolio of Receivables Originated by ValU Consumer Finance Company S.A.E.
MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) to the Fourth Asset-Backed Bond Issued by El Taamir for Securitization Company and Guarantee by The Ministry of Finance
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) 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) Affirms the National Scale Ratings (NSR) Assigned to the 30th Multiple-Tranche Asset-Backed Securitization Bond Issued by Sarwa Securitization Company
MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) Assigned to the 33rd Multiple-Tranche Asset-Backed Securitization Bond Issued by Sarwa Securitization Company
MERIS (Middle East Rating & Investors Service) affirms the National Scale Rating (NSR) of “BBB+” grade for Golden Pyramids Plaza’s (Citystars Properties) second bond and maintains the “BBB-” grade for the entity. The rating outlook is maintained at “Stable” for both the entity and the instrument.
MERIS (Middle East Rating & Investors Service) Assigns National Scale Ratings (NSR) to the 7th Multiple-Tranche Asset-Backed Securitization Bond Issued by Tawriq for Securitization Company and Originated by Aman Financial Services Company
MERIS (Middle East Rating & Investors Service) Assigns a National Scale Rating (NSR) to the 5th Asset-Backed Securitization Note Under the First Program by the Financial Group for Securitization Company and Backed by a Portfolio of Receivables Originated by Premium International for Financing Services Company S.A.E.
