News & Credit Rating Announcements
03 December 2018 | Country: Kuwait
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Al Manar Financing and Leasing Company - Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed Al Manar Financing and Leasing Company K.S.C.'s (Al Manar) Corporate Long-Term Rating at 'BB' and the Short-Term Rating at 'B'. The ratings are underpinned by the Company's comfortable debt service ability, the higher level of unencumbered assets, the low ratio of debt to equity and sound profitability metrics.
Attachments
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Credit Rating Announcement (CRA)
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