Middle East Economic Survey
VOL. LIII
No 29
19-Jul-2010
UAE
Moodys Downgrades DIFCI And Dubai Sukuk Center
Moodys Investor Services has downgraded the senior unsecured issuer and debt ratings of DIFC Investments (DIFCI) a division of the Dubai International Finance Center (DIFC) and the Dubai Sukuk Center from B2 to B3, with the outlook on all ratings negative. The ratings agency also converted DIFCIs B3 issuer rating into a corporate family rating (CFR) and assigned it a probability of default...
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