| 04.06.2009 - Moody's withdraws Saad Group ratings |
| From Tradearabia.com: Moody's Investors Service said it has withdrawn all ratings for Saudi conglomerate Saad Group 'due to lack of adequate information' thus dealing a new blow to the crisis-hit Saudi conglomerate. The ratings withdrawn included the B1 issuer ratings of Saad Trading Contracting & Financial Services Company, Saad Investments Company Limited and Saad Group Limited and the B1 debt ratings on issuance of Golden Belt 1 Sukuk Company.........Full Article: Source |