VOL. XLVI
No 25
23-June-2003
SAUDI ARABIA
RATINGS
Moodys Upgrades Saudi Arabia Ratings
Ratings agency Moodys Investors Service on 16 June upgraded the country ceilings for foreign currency bonds, notes and bank deposit obligations of issuers domiciled in Saudi Arabia from Baa3/Prime-3 to Baa2/Prime-2. According to a press release from the agency, the foreign currency issuer rating of the Kingdom of Saudi Arabia has also been raised to Baa2, while the governments domestic debt has been upgraded to...
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