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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MERIS Company Profile

MERIS was established in August, 2003, as a joint venture between (Finance & Banking Consultants International) Finbi and Moody's Investors Service to provide credit rating research services in Egypt and other countries in region. Headquartered in Cairo, MERIS is engaged in issuing:

  • Domestic market ratings, opinions of the relative credit      worthiness of issuers or issues within a given country ...

  • MERIS's credit rating approach is based on Moody's know -      know and methodologies.

  • (Finance & Banking Consultants International) Finbi was established in 1990 with activities covering public policy and strategic planning, economic and financial services' and local and international development services. FINBI also was one of the first to introduce credit ratings to the Egyptian market, establishing its own credit rating activity in 1999. Since its inception, FINBI's rating activity has assigned rating to some of Egypt's largest and bestknown companies.

    Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations.

     
     

    Highlights

    Ezz Steel Rebars Company (ESR) - July...

     

    MERIS Maintained the National Scale Rating (NSR) of a "BBB-" for the Entity Rating and the Instrument Rating of Ezz Steel Co. 2nd bond issue. The...

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    Egyptian Securitization Company (ESC) -...

     

    Egyptian Securitization Company (ESC) - 2nd Issue - 2009-2014 - July...

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    Structured Finance Presentation

    A structured finance security is a security backed by a pool of assets (underlying assets) such as real estate, trade receivables, marketable ...

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    Codes of Conduct

    Financial markets should be efficient and fair to all market participants. Credit rating agencies play an important information role in these markets. Moody’s Investors Service (“Moody’s”) provides opinions in the form of credit ratings and related ...

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