Saturday 16 August 2014

Fitch Affirms Abu Dhabi at 'AA'; Outlook Stable | Reuters

Fitch Affirms Abu Dhabi at 'AA'; Outlook Stable | Reuters:



"LONDON, August 15 (Fitch) Fitch Ratings has affirmed Abu Dhabi's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'AA'. The Outlooks are Stable. The issue ratings on Abu Dhabi's senior unsecured foreign and local currency bonds have also been affirmed at 'AA'. The Short-term foreign currency IDR has been affirmed at 'F1+'. The UAE Country Ceiling has been affirmed at 'AA+'; this Ceiling also applies to Ras al-Khaimah."



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