Tuesday 24, October 2017 by

Moody's assigns Baa2 rating to Mazoon's Sukuk issuance; negative outlook

Moody's Investors Service, ("Moody's") has today assigned a Baa2 rating to the proposed senior unsecured Sukuk certificates (the "Certificates") to be issued by Mazoon Assets Company S.A.O.C (the "Issuer"), a special purpose vehicle established in Oman (Baa2 negative) by Mazoon Electricity Company SAOC ("MZEC", Baa2 negative).