Moody's Investors Service has assigned a (P)A1 rating to Saudi Arabian Oil Company's new trust certificate issuance programme.

This sukuk programme is established under SA Global Sukuk Limited, a special purpose company incorporated in the Cayman Islands. SA Global Sukuk Limited has been assigned a negative outlook in line with the negative outlook on existing ratings of Saudi Aramco.
 
All other ratings for Saudi Aramco are unchanged, including its A1 long-term issuer rating, its Aaa.sa long-term issuer national scale rating, its (P)A1 Global Medium Term Note (GMTN) programme rating and A1 ratings on existing senior unsecured bond issuances. – TradeArabia News Service