16-11-2022
Nakilat (QSE: QGTS) announced that the credit rating agency Standard & Poor’s has upgraded the credit rating of Nakilat Inc. and its principal debt to “AA-” from “A” and subordinated debt to “A”. Grade A with a stable outlook.
It should be noted that these strong credit ratings granted by the International Credit Rating Agency are in line with the upgrade of the credit rating of the State of Qatar and based on Standard & Poor's review of the current and future financial and operational performance of Nakilat Inc.