Middle East Economic Survey
VOL. LIII
No 15
12-April-2010
UAE
Moodys Assigns DEWA Global Medium Term Notes Program A Provisional Ba2 Rating
Moody's Investors Service assigned on 1 April a provisional Ba2 rating to the Global Medium Term Notes (GMTN) Program of Dubai Electricity and Water Authority (DEWA). The outlook is stable. The rating of the notes is in line with DEWAs issuer ratings (Ba2, stable outlook) because any issuance under the program will constitute unconditional, unsubordinated and...
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