Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Karachi, June 29, 2012: JCR-VIS Credit Rating Company Limited has assigned entity ratings of ‘AA+/A1+’ (Double A Plus / A One plus) to Pak Brunei Investment Company Limited (PBIC). Outlook on the assigned ratings is ‘Stable’.
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Karachi, June 29, 2012: JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pak Oman Investment Company Limited (POIC) at 'AA+/A- 1 +' (Double A Plus/A-One Plus) with a 'Stable' Outlook.
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Karachi, June 29, 2012: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the medium to long term entity rating of The Bank of Khyber (BoK) from 'A - ' (Single A Minus) to 'A' (Single A) while maintaining the short term rating at 'A-2' (A Two). Outlook on the assigned rating is 'Stable'.
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Karachi, June 29, 2012: JCR-VIS Credit Rating Company Limited has maintained the medium to long-term entity rating of Burj Bank Limited (BURJ) at 'A' (Single A). Short-term rating has been upgraded from 'A-2' (A-Two) to 'A-1' (A-One). Outlook on the ratings is 'Stable'.
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Karachi, June 29, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has revised the medium to long-term entity rating of Saudi Pak Industrial and Agricultural Investment Company Limited (SAPICO) from 'AA+' (Double A Plus) to 'AA' (Double A) while maintaining the short-term rating at 'A- 1 +' (A One Plus). Outlook on the assigned rating is 'Stable'.
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UAE-based shopping mall developer Majid Al Futtaim has priced its new $500m seven-year bond at the tight end of its earlier 5.250%-5.375% guidance – and some way inside the 5.850% profit rate at which it issued a $400m five-year sukuk in late January.