Saturday 16, March 2013 by Robin Amlôt

Fitch affirms Majid Al Futtaim Holding LLC at 'BBB'; Stable Outlook

Fitch Ratings has affirmed Majid Al Futtaim Holding LLC's (MAF) Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB', with a Stable Outlook. Fitch has also affirmed MAF's Short-term IDR at 'F3'. The rating of MAF Global Securities Limited's global medium-term note (GMTN) programme and MAF Sukuk Ltd were also affirmed at 'BBB'.

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