Middle East Economic Survey
VOL. LII
No 50
14-Dec-2009
UAE
Moodys Downgrades Thor Asset Notes, Places UAE-Related Issuers On Review
Moodys Investors Service downgraded notes issued by Thor Asset Purchase Company Limited, due in 2036, from A1 to A3 on 10 December. The rating action concluded the review process which began on 7 December when the notes were placed on review for possible downgrade (MEES, 7 December). Moodys rating on the notes relies on an explicit guarantee from the Government of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!