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Prospect News home > News index > List of issuers E > Headlines for Erajaya Digital Pte. Ltd. > News item |
S&P rates Erajaya Digital notes AA
S&P said it assigned its AA long-term issue rating to the Singapore dollar-denominated bonds that Erajaya Digital Pte. Ltd. plans to sell. Credit Guarantee and Investment Facility will guarantee the bonds.
“We equalize the rating on the bonds with the long-term foreign-currency issuer credit rating on the guarantor, CGIF (AA/stable/A-1+), a trust fund of the Asian Development Bank. This reflects CGIF's unconditional, timely, and irrevocable guarantee,” the agency said in a press release.
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