| Capital Intelligence (CI), the international credit rating agency, announced that it has assigned a provisional rating on the Oman National Scale of 'omBBB+' to the proposed Sukuk issue by Modern Sukuk S.A.O.C.
The rating is supported by the almost fully complete (i.e. except for the serviced apartments) status of Phase 1 of the project and the fact that both offices and mall space are nearly fully let on long term leases - providing an assured source of stable cash inflow...............................................Full Article: Source
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