EFG Hermes Securitization Co. 2nd Prog. 1st Issue (ValU Consumer Finance Co. 1st Issue)

EFG Hermes Securitization Co. 2nd Prog. 1st Issue (ValU Consumer Finance Co. 1st Issue)

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.

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:	September 22, 2021
Client:	EFG Hermes Securitization Co. 2nd Prog. 1st Issue (ValU Consumer Finance Co. 1st Issue)
Categories:	Hightlights