Al Tawfeek Securitization Company 2nd Issue (AT Lease 2nd Issue)

Al Tawfeek Securitization Company 2nd Issue (AT Lease 2nd Issue)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE SECOND MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY AL TAWFEEK SECURITIZATION COMPANY AND ORIGINATED BY AL TAWFEEK LEASING COMPANY (SECOND PORTFOLIO)

English Press Release

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.

Date:	March 2, 2021
Client:	Al Tawfeek Securitization Company 2nd Issue (AT Lease 2nd Issue)
Categories:	Hightlights