15.08.2013 - RAM rates Mumtalakat’s MYR 3 bln Sukuk
RAM Rating Services recently announced that it has reaffirmed Bahrain Mumtalakat Holding Company’s MYR 3 billion Sukuk Murabahah programme with a long-term rating of AA2 and a stable outlook, representing a strong investment grade credit rating profile. Mahmood Hashim Al Kooheji, Chief Executive Officer of Mumtalakat said, “The strength of our business strategy and sustainability of favourablelong-term financial prospects have been underscored with RAM Rating Services reaffirmation of the AA2 long-term rating and stable outlook of Mumtalakat’s Sukuk programme.”..............................................Full Article: Source
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