Banque Saudi Fransi-backed MTN program assigned (P)A2 by Moody's
RIYADH: Banque Saudi Fransi’s $4 billion guaranteed Medium-Term Note program has been assigned a provisional senior unsecured foreign-currency rating of (P)A2 by Moody’s Investors Service. The MTN program is a special-purpose vehicle established by BSF and the rating is aligned with BSF's A2 long-term deposit ratings, a statement showed. Securities issued under the programme