Bahrain Mumtalakat Holding Company’s three billion ringgit ($981 million) Malaysian sukuk murabahah programme has been assigned a BBB grade by Fitch Ratings agency. The final rating is the same as the expected rating reflecting the completion of the issuance and receipt of final documents conforming to the information previously received by Fitch.
The sukuk murabahah programme’s rating is in line with Mumtalakat’s long-term issuer default rating and senior unsecured rating………………………………………..Full Article: Source