VOL. XLV
No 37
16-September-2002
RATINGS
S&PAssigns A- Rating To Bahrain Islamic Leasing Bonds
Standard & Poors (S&Ps)Ratings Services said on 4 September it has assigned a single A-minus foreign-currencysenior unsecured debt rating to Bahrains third issue of Islamic Leasing Sukuk (bonds) offered on 29 August. The third issue of the Sukuk amounts to $80mn, carries afive-year maturity, and has a rental return of 4% per year paid half-yearly inFebruary and August. The Sukuk, which were...
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