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Capital Intelligence reaffirms the rating of NIG Sukuk Company
Capital Intelligence has announced august 18 that it has reaffirmed the rating of NIG Sukuk Company's $475m Mudaraba Sukuk at 'BBB-'. The Outlook for the rating is 'Stable'. Despite the deterioration of the financial standing of the Obligor and Mudarib, National Industries Group Holdings S.A.K., Kuwait (NIG), and its continued…
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Source: Capital Intelligence