"Fitch Ratings" rates "Kuwait Investment" at BB
It reflects the company's ability to manage funds with flexibility and low cost
Fitch Ratings issued its credit rating for the Kuwait Investment Company at the level of BB. The agency affirmed that this rating mainly reflects its view that the basic credit position of the Kuwait Investment Company reflecting its ability to manage funds flexibly and at a low cost, and the Kuwait Investment Authority will continue its support to the company in case needed.
The agency added that the BB rating on KIC is confirmation of the latest rating granted by the agency
It should be noted that the credit rating for companies means creditworthiness and the ability of those companies to obtain the necessary loans