Kuwait-Mubasher: Kuwait Financial Centre's (Markaz) said that Capital Intelligence (CI) has affirmed the rating of KWD 22 million debenture bonds at 'BBB', with a 'Stable' Outlook.
The international credit rating agency said that the rating reflected the strength of the company’s trademark and the preserving business model which is represented in low debt level and diversity of investments.
CI noted that Markaz had a moderate rise in its debt level during 2014 and the third quarter of 2015.
Markaz stock declined in the first half an hour after the trading session started, falling 2% after 103,000 shares were exchanged with liquidity worth about KWD 10,300.
