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Moody's assigns provisional ratings to Sukuk certificates issued by Sun Finance Limited

16/07/2008 01:45:00 PM GMT   Comments ()     Add a comment     Print     E-mail
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The ratings are:

- Aa3 to the AED [2,761,000,000] [55] percent Class A Secured Sukuk Certificate due 2012 and Legal Final Maturity of 2015;

- A3 to the AED [251,000,000] [5] percent Class B Secured Sukuk Certificate due 2012 and Legal Final Maturity of 2015;

- Baa3 to the AED [1,004,000,000] [20] percent Class C Secured Sukuk Certificate due 2012 and Legal Final Maturity of 2015; and

- NR to the AED [1,004,000,000] [20] percent Class D Secured Sukuk Certificate due 2012 and Legal Final Maturity of 2015.

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Source: Moody's Investors Service
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