Home News & Press Releases Outlook on Ominvest's International and National Ratings Revised to Stable...
News & Credit Rating Announcements
06 April 2022 | Country: Oman
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Outlook on Ominvest's International and National Ratings Revised to Stable Following Sovereign Rating Action; Both Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Outlook on the Long- and Short-Term International ratings of Oman International Development and Investment Company (Ominvest) to Stable from Negative. The Outlook on the Long- and Short-Term ratings on the Oman National Scale has also been raised to Stable from Negative. At the same time CI Ratings has affirmed Ominvest's Long- and Short-Term International ratings at 'BB' and 'B', respectively. The Company's Long- and Short-Term national ratings have also been affirmed at 'omAA' and 'omA1+', respectively, for the same reasons cited below.
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Rating Announcement (CRA)
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