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Published on 12/9/2008 in the Prospect News Emerging Markets Daily.

Moody's rates Gas Supply A1

Moody's Investors Service said it assigned an A1 issuer rating to Gas Supply Pte Ltd.

The outlook is stable.

The rating takes into account the company's ability to meet its senior unsecured financial obligations and contracts, Moody's said. It also considers its stand-alone credit quality and the likelihood of Temasek providing credit support in a distress situation, the agency said.

It also reflects the company's limited financial flexibility, Moody's added.


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