Fitch Assigns Nama Electricity Distribution Company’s Sukuk Programme and Issue Final ‘BB+’

Fitch Ratings has assigned Nama Electricity Distribution Company SAOC’s (NEDC; BB+/Stable) sukuk trust certificate issuance programme, issued through the trustee (Mazoon Assets Company SAOC; MAC), and its USD500 million issue due 2029 – final ratings of ‘BB+’.