Rawasi Albina gets ‘BBB’ rating, ‘Stable’ outlook by RATING

Logo of Rawasi Albina Investment Co.

Rawasi Albina Investment Co. has obtained a “BBB” long-term entity rating with a “Stable” outlook from Financial Analytics Co. (RATING).

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In a statement to Tadawul today, April 15, the company said this credit rating denoted its adequate creditworthiness, thus average credit risk.

It also reflected the positive view of Rawasi Albina’s position, in addition to the strength of its financial stance and credit metrics, which allows it to meet any future financing obligations, the statement added.