United Real Estate - Issue Rating of 'BBB-' Assigned to Senior Unsecured Bond (up to KWD80mn)

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned a first-time rating of 'BBB-' to the Senior Unsecured Bond (up to KWD80mn comprising a Fixed Rate Tranche and a Floating Rate Tranche) to be issued by United Real Estate Company (URC). The Outlook for the rating is Stable.

Attachments

• Rating Announcement (CRA)
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