Egypt: MERIS(Middle East Rating & Investors Service)Maintained the National Scale Rating (NSR) of a "BBB-" for the Entity Rating and the Instrument Rating of Ezz Steel Company second bond issue. The rating outlook is "Stable" for both the entity and the instrument.

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Ratings List

 

8/2/2010

Fundamental Corporate Ratings
Issuer NameCountryEntityLTROutlookSTMRWatchlistPDF
New Urban Communities Authority - 2nd IssueEgypt AAA May 10Stable May 10n.a.n.a.
New Urban Communities AuthorityEgypt AAA Mar. 10Stable AAA Mar. 10n.a.n.a.
GB - Auto Group S.A.E.EgyptBBB+ Jan.10BBB+ Jan.10Stable Jan.10n.a.n.a.
Golden Pyramids Plaza (City Stars)EgyptBBB+ June 10A June 10Stable June 10n.a.n.a.
International Co. for Leasing (Incolease)EgyptA Jun 09A Jun 09Stable Jun 09n.a.n.a.
Maghrabi Agriculture (MAFA)EgyptBBB- Feb 07n.a.Stable Feb 07n.a.n.a.
Telecom Egypt (TE)EgyptAA Apr. 09AA Apr. 09Stable Apr. 09n.a.n.a.
Egyptian Company for Mobile Services (MobiNil) 2nd IssueEgyptA+ Dec 09A Dec 09Stable Dec 09n.a.n.a.
Orascom Construction Industries (OCI)EgyptAA- Aug 07A- Aug 07Positive Aug 07n.a.n.a.
Egyptian Cement Company (ECC)EgyptA July 06A+ July 06Stable July 06n.a.n.a.
Lecico Egypt Group (Lecico)EgyptA- Dec 06n.a.Stable Dec 06n.a.n.a.
Eastern Tobacco Company (EC)EgyptAA Oct 08AAStable Oct 08n.a.n.a.
Ezz Steel Rebars (ESR)EgyptBBB- July 10BBB- July 10Stable July 10n.a.n.a.
 

LTR: Long Term Rating
STMR: Short-Term Most Recent Rating
FSR: Financial Strength Rating

 
 
 

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Codes of Conduct

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