Credit Rating & Sukuk

Issuer Credit Rating

Moody's Rating Outlook Date Report
Ba2 Negative March 2021 View
Ba2 Negative September 2020 View
Ba2 Under Review May 2020 View
Ba1 Stable November 2019 View
Fitch Rating Outlook Date Report
BB+ Negative March 2021 View
BB+ Negative December 2020 View
BB+ Stable November 2019 View

Sukuk Details

Issuance Overview
Date of Issuance 26 November 2019
Principal Amount USD 500,000,000
Type of Issuance Senior Unsecured
ISIN XS2076168348
Coupon 5.375%
Maturity Date 5 years, ending 26 November 2024
Coupon Payment Semi-Annual
Offering Circular View
Moody's Sukuk Rating
Ba3, with Negative Outlook March 2021 (View Report)
Ba3, with Negative Outlook September 2020 (View Report)
Ba3, with Outlook Under Review May 2020 (View Report)
Ba2, with Stable Outlook November 2019 (View Report)

Issuance Overview
Date of Issuance 7 April 2021
Principal Amount USD 650,000,000
Type of Issuance Wakala Murabaha
ISIN - Reg S Certificate XS2311313378
ISIN - Rule 144A Certificates US03847QAA13
Coupon 5.625%
Maturity Date 7 October 2026 (5.5 years)
Coupon Payment Semi annually
Offering Circular View
Moody's Sukuk Rating
Ba2, with Negative Outlook  March 2021(View Report)
Fitch Sukuk Rating
BB+(EXP) March 2021 (View Report)