Fitch revises Arabian Centres’s outlook to negative; affirms IDR at ‘BB+’

Fitch Ratings has revised Arabian Centres Company’s (trading as Cenomi Centres) Outlook to Negative from Stable, while affirming its Long-Term Foreign-Currency Issuer Default Rating (IDR) ‘BB+’. The senior unsecured rating was also affirmed at ‘BB+’ with a Recovery Rating of ‘RR4’. A full list of ratings is below.