Sobha Sukuk Limited Rating Upgrade of PNC Investments LLC (PNCI)

RNS Number : 2854Y

Sobha Sukuk Limited

30 July 2024

 

 

29^th July 2024

 

 Rating Upgrade of PNC Investments LLC (PNCI)

 

S&P Global Ratings, via its Press Release dated 29th July 2024, has upgraded the Rating of PNCI and its Sukuk Issuance (Sobha Sukuk Limited Trust Certificates 2028; NASDAQ Dubai: SOBHA0728USD; ISIN: XS2633136234) to BB/stable from BB-/Positive.

 

The Press Release is available on the S&P Global website.

Link to S&P Global Press Release: https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3221825

 

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