Financial Group for Securitization Co. 2nd Issue (MNHD 1st Issue)

Financial Group for Securitization Co. 2nd Issue (MNHD 1st Issue)

MERIS (Middle East Rating & Investors Service) Affirms the National Scale Ratings (NSR) to the 2nd Multiple-Tranche Asset-Backed Securitization Bond Issued by Financial Group for Securitization Company and Backed by a Portfolio of Real Estate Receivables Originated by Madinet Nasr for Housing and Development Company.

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:	July 29, 2021
Client:	Financial Group for Securitization Co. 2nd Issue (MNHD 1st Issue)
Categories:	Hightlights