Preliminary ratings are based on available public information only and are not solicited, committee-reviewed credit ratings. Any entity that does not agree may submit a request for a full and final rating.
Action
Preliminary
Long-term
B+(LY)Short-term
B(LY)
Outlook
Stable
Rating Watch
NegativeEffective Date
29 Jun 2026
Next Review
—
The full rating action and the methodology library are available to holders of an approved SANAD account. A free account is enough.
SANAD ratings are opinions on relative credit risk, not recommendations to buy, sell, or hold any security — see the full Rating Disclaimer on the Regulatory page.