VOL. XLIV
No 30
23-July-2001
QATAR
S&P Affirms BBB+ Rating On QGPC Finance (Cayman)Notes
Internationalratings agency Standard & Poors (S&P) announced on 18 July that it hadaffirmed its BBB+ underlying foreign currency debt rating on QGPC Finance(Cayman) Ltds (QGPC Finance) $400mn senior secured export receivable-backednotes due 2010 (for details see MEES,29 March 2000). A $200mn tranche of the notes is insured by Ambac Assurance UKLtd and rated (AAA/Stable/--), while the other $200mn...
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