VOL. XLV
No 23
10-June-2002
IRAN
Moodys Withdraws Iran Rating
In an unprecedentedmove, ratings agency Moodys has withdrawn its sovereign rating of Iranto which it had assigned a B2 grade. A press release from the agency said:Moodys Investors Service announced that it is withdrawing Iranssovereign ratings because of US Government concerns that such ratings could beinconsistent with US sanctions on Iran.These concerns have been raised despite the fact that Moodys has no commercialrelationship with...
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