Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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Karachi, March 27, 2013: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Tameer Micro Finance Bank Limited (Tameer) at ‘A/A-1’ (Single A/A-One). Ratings of the outstanding TFC issues (1&2) have also been reaffirmed at ‘A(SO)’ (Single A (Structured Obligation)). Outlook on the assigned ratings is ‘Stable’.
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Karachi, March 27, 2013: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Tameer Micro Finance Bank Limited (Tameer) at ‘A/A-1’ (Single A/A-One). Ratings of the outstanding TFC issues (1&2) have also been reaffirmed at ‘A(SO)’ (Single A (Structured Obligation)). Outlook on the assigned ratings is ‘Stable’.
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Karachi, March 27, 2013: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Tameer Micro Finance Bank Limited (Tameer) at ‘A/A-1’ (Single A/A-One). Ratings of the outstanding TFC issues (1&2) have also been reaffirmed at ‘A(SO)’ (Single A (Structured Obligation)). Outlook on the assigned ratings is ‘Stable’.
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Karachi, March 27, 2013: JCR-VIS Credit Rating Company Limited has upgraded the Insurer Financial Strength ( IFS ) Rating of EFU Life Assurance Ltd. (EFU Life) to 'AA' (Double A) from 'AA-' (Double A Minus). Outlook on the assigned rating is 'Stable'.
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Dubai Aluminium and Mubadala were due to sign a $3.4bn multi tranche loan for their Emal 2 aluminium smelter on Tuesday.
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The Central Bank of Bahrain has raised BD18m ($47.7m) through its monthly issue of sukuk al-salam. The notes, which carry a 91 day maturity beginning March 27, were oversubscribed by 246%.