Moody's Investors Service has assigned definitive ratings of A1 to the $1bn of new senior secured bullet bonds due 2021 issued by Dolphin Energy Limited, a company formed in 2002 in Abu Dhabi, in the United Arab Emirates, to deliver and manage an integrated gas production and distribution project.
Concurrently, Moody's has affirmed the A1 ratings on Dolphin Energy's existing senior secured debt facilities, excluding its SACE facility. The rating outlook is stable.
The definitive ratings confirm the provisional ratings that Moody's assigned on 13 June 2011. The rating rationale is set out fully in a Credit Analysis published on 14 June 2011.
No comments:
Post a Comment