29.10.2009 - SWFs seek fresh risks with credit ratings
From Forbes: A developing trend for specialised sovereign wealth funds to seek global credit ratings could provide them with new sources of financing while testing their skills under an unaccustomed spotlight. State-owned funds from Bahrain and Abu Dhabi are joining others in a move to get a credit rating, which enable them to tap capital markets for long-term debt for their private equity type projects, which usually take 3-5 years to yield returns............................Full Article: Source
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