Tawriq Securitization Company 5th Issue (Rawaj Consumer Finance Co. 3rd Issue)

Tawriq Securitization Company 5th Issue (Rawaj Consumer Finance Co. 3rd Issue)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE FIFTH MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY TAWRIQ SECURITIZATION COMPANY AND ORIGINATED BY RAWAJ CONSUMER FINANCE 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:	February 10, 2021
Client:	Tawriq Securitization Company 5th Issue (Rawaj Consumer Finance Co. 3rd Issue)
Categories:	Hightlights