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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Qatar Holding to seek credit ratings this year

Posted on 25 February 2013

The Qatar sovereign has ratings of Aa2 from Moody’s and AA from S&P, and was in the bond market last summer with a $4 billion sukuk issue.
The fund, which has stakes in Credit Suisse, Porsche, Harrods and Xstrata among others, will apply for a rating from both Moody’s and Standard & Poor’s. “I can confirm that Qatar Holding will be seeking a credit rating this year,” a spokesperson for the fund told IFR late on Thursday………………………………………..Full Article: Source

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