Comment & Analysis
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Moody's assigns Ba2 rating to Arabian Centres' sukuk offering
Moody’s Investors Service has assigned a Ba2 rating to the planned sukuk issuance by Arabian Centres Company. The ratings agency also upgraded to Ba2 from Ba3 the rating on the Saudi Arabian mall operator’s existing $500 million Islamic bond certificates that are due in 2024. The company’s Ba2 corporate family…
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