NOVEMBER 1ST, 2018
Moody’s upgrades DAE’s corporate credit rating to Ba1
Dubai, U.A.E., 1 November 2018 – Dubai Aerospace Enterprise (DAE) Ltd. announced today that credit rating agency Moody’s Investors Service has upgraded DAE’s corporate family rating to Ba1 from Ba2. The senior unsecured rating was also upgraded to Ba2 from Ba3.
Moody’s press release announcing the upgraded credit ratings can be found here.
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