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Published on 6/3/2008 in the Prospect News Emerging Markets Daily.

Fitch gives Gulf General notes BBB

Fitch Ratings said it assigned Gulf General Investment Co. PSC's senior notes under the upcoming $600 million EMTN program an expected senior unsecured BBB rating.

The agency noted that Gulf General's other ratings are affirmed at long-term issuer default BBB with stable outlook and senior unsecured BBB.

The final rating of the program is contingent upon the receipt of final documentation conforming materially to information already received, the agency added.


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