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Prospect News home > News index > List of issuers E > Headlines for Emirates Strategic Investments Co. > News item |
Moody’s rates Emirates Strategic Baa3
Moody's Investors Service said it assigned a Baa3 long-term issuer rating to Emirates Strategic Investments Co.
The outlook is stable.
“Emirates Strategic Investments Co.'s Baa3 rating is supported by its strong financial profile and a good base of recurring income from investment properties and equity investments,” Lahlou Meksaoui, Moody’s lead analyst, said in a news release.
“This partially offsets the company's asset and geographic concentration as well as the weak property market outlook in the United Arab Emirates.”
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