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

Inaugural Issuance

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)

Fitch Sukuk Rating
BB+	December 2020 (View Report)
BB+	November 2019 (View Report)

Second Issuance

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)