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CI Seminars

CI Seminars

News & Credit Rating Announcements

12 May 2020 | Country: Oman

Ominvest - Corporate and National Ratings Lowered following Sovereign Rating Action; Outlook Remains Negative


Capital Intelligence Ratings (CI Ratings or CI), today announced that it has lowered the Long- and Short-Term Corporate Ratings of Oman International Development and Investment Company (Ominvest) to 'BB+' and 'B', respectively, from 'BBB-' and 'A3'. The Outlook on the ratings remains Negative, in line with the sovereign Outlook.

At the same time, CI Ratings has lowered Ominvest's Long- and Short-Term ratings on the Oman National Scale to 'omAA-' and 'omA1', respectively, from 'omAA+' and 'omA1+'. The Outlook for these ratings also remains Negative


  • Rating Announcement (CRA)
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