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Prospect News home > News index > List of issuers Q > Headlines for Qatar Alaqaria Sukuk Co. > News item
Published on 1/13/2010 in the Prospect News Emerging Markets Daily.

Moody's downgrades Alaqaria

Moody's Investors Service said it downgraded Qatar Real Estate Investment Co. QSC (Alaqaria) and the $300 million trust certificates due 2012 issued by Qatar Alaqaria Sukuk Co. to Baa1 from A2.

Ratings have been kept on review for further downgrade following the company's announcement that it would become a fully owned subsidiary of Barwa Real Estate Co. QSC.


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