Moody's assigns Aa2 rating to Abu Dhabi's $10bln three-tranche bond | ZAWYA MENA Edition:
Moody’s Investors Service has assigned Aa2 senior unsecured rating to the $10 billion, three tranche bond issued by the Government of Abu Dhabi on September 23.
Obligations rated Aa are judged to be of high quality and are subject to very low credit risk.
Abu Dhabi issued $3 billion in five-year bonds, $3 billion in 10-year and $4 billion in 30-year notes, Reuters reported.
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