Monday 02, January 2012 by Robin Amlôt

Moody's downgrades SHUAA Capital to Ba3, on review for downgrade

Moody's Investors Service has downgraded the long term foreign and local currency issuer ratings of SHUAA Capital by one notch to Ba3 from Ba2 and placed them on review for further downgrade. The Non-Prime short term ratings are affirmed.

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