16.04.2013 - Lender eyes credit rating before sukuk issue plan
Barwa Bank intends to begin the process of securing a credit rating later this year, before the bank might issue a sukuk (Islamic bond), its top executive said. “We wanted the ratings agency to look at the H1 numbers and the incremental capital we’re hoping to raise. We’re confident that we will generate the rating we think we merit,” the bank’s chief executive Steve Troop said in an interview...............................................Full Article: Source
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