MERIS Ratings

Golden Pyramids Plaza (citystars) 2nd Issue

MERIS (Middle East Rating & Investors Service) affirms the National Scale Rating (NSR) of an “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

Al Rehab Securitization Company 1st Program, 1st Issue

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO 1ST 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)

Cairo for Investment & Real Estate Development – 1st Sukuk Issue

MERIS (Middle East Rating & Investors Service) Assigns the National Scale Rating (NSR) of Cairo for Investment & Real Estate Development S.A.E. (CIRA), at “A”, with a “Stable Outlook” For Both the Entity and the Ijara Sukuk Instrument, to be Issued by EFG Hermes Sukuk Company (Second Issue).

Financial Group for Securitization 1st Program (Premium International 4th Note)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS A NATIONAL SCALE RATING (NSR) TO THE 4th 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 FINANCIAL SERVICES COMPANY S.A.E.

The Egyptian Securitization Co. 10th Issue (Corplease 9th Issue)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE TENTH MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY THE EGYPTIAN SECURITIZATION COMPANY AND BACKED BY A PORTFOLIO ORIGINATED BY CORPLEASE S.A.E. (NINTH PORTFOLIO)

The Egyptian Securitization Company 9th Issue (Palm Hills 5th Issue)

MERIS (MIDDLE EAST RATING & INVESTORS SERVICE) ASSIGNS NATIONAL SCALE RATINGS (NSR) TO THE 9th MULTIPLE-TRANCHE ASSET-BACKED SECURITIZATION BOND ISSUED BY EGYPTIAN SECURITIZATION COMPANY AND BACKED BY A PORTFOLIO OF REAL ESTATE RECEIVABLES ORIGINATED BY PALM HILLS DEVELOPMENT COMPANY AND ITS SUBSIDIARIES

Hermes Securities Brokerage Company (2nd Short Note)

MERIS (Middle East Rating & Investors Service) affirms the national scale long-term senior unsecured entity rating of “BBB+” with a Stable Outlook and the short-term senior unsecured issuer rating of “P2” to Hermes Securities Brokerage Company

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