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Sovereign Wealth Funds Briefing - Categorized | Market

Fitch affirms Mubadala Development Company PJSC at ‘AA’

Posted on 19 October 2012

Fitch Ratings has affirmed Mubadala Development Company PJSC’s (Mubadala) Long-term Issuer Default Rating (IDR) and senior unsecured rating at ‘AA’. The Abu Dhabi-based diversified development and investment group’s Short-term IDR has been affirmed at ‘F1+’. The Outlook for the Long-term IDR is Stable.
Mubadala Development Company - GMTN B.V.’s (MDC) global medium-term note (GMTN) programme and notes outstanding and MDC’s euro commercial paper programme (ECP) has also been affirmed at ‘AA’ and ‘F1+’ respectively………………………………………..Full Article: Source


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