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RAM Ratings has reaffirmed the long-term rating of Abu Dhabi National Energy Company PJSC’s (TAQA) Sukuk Murabahah Programme of up to RM3.5 billion in nominal value (2012/2032) at AA1, with a stable outlook.
TAQA is a state-held vehicle of the Government of Abu Dhabi (GoAD), with a mandate to own the majority of the critical power and water (P&W) assets in Abu Dhabi. TAQA is also an international energy and oil and gas (O&G) player………………………………………..Full Article: Source
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RAM Ratings reaffirms AA1 rating of TAQA’s sukuk
| Posted on 20 March 2013 |
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