Mon, Sep 15, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Performance

Mubadala ‘AA/A-1+’ ratings affirmed due to key role for Emirate of Abu Dhabi

Posted on 23 December 2009

From Ameinfo.com: Standard and Poor’s Ratings Services said today that it affirmed its ‘AA’ long- and ‘A-1+’ short-term corporate credit ratings on the operating holding company Mubadala Development Co. PJSC (Mubadala) based in Abu Dhabi in the United Arab Emirates (UAE). The outlook is stable.
“The ratings on Mubadala, the Abu Dhabi government’s principle vehicle for diversifying the local economy away from hydrocarbon revenues, are based on an equalization with the ratings of the Emirate of Abu Dhabi (AA/Stable/A-1+),”said Standard & Poor’s credit analyst Farouk Soussa………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14734 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930