Riyadh – Mubasher: Fitch Ratings assigned Saudi Arabia's upcoming US dollar-denominated senior unsecured medium term notes an expected rating of 'AA- (EXP).’
The final rating is subject to the receipt of final documents conforming to information already received, according to Fitch report released on Tuesday.
“The expected rating is in line with Saudi Arabia's Long-Term Foreign Currency Issuer Default Rating (IDR) which was affirmed at 'AA-' with a Negative Outlook on 1 September 2016,” the report said.
