Thursday 08, May 2014 by Robin Amlôt

Moody's upgrades the Gulf Investment Corporation to (P)A2 from (P)Baa2

Moody's Investors Service has upgraded the provisional rating on the senior unsecured MTN program of the Gulf Investment Corporation (GIC) to (P)A2, from (P) Baa2. In addition, Moody's has assigned long and short-term issuer ratings of A2 and P-1, respectively, to GIC. The outlook on the long-term rating is stable.

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