Sunday 29, June 2014 by Matthew Amlôt

Fitch upgrades GIC's ratings by two notches to A-

The Gulf Investment Corporation (GIC) announced today that Fitch Credit Rating Agency upgraded its Long Term IDR ratings by two notches to A-, from the previous BBB rating. Fitch also upgraded GIC's Short Term ratings by two notches to F1. The viability ratings were reaffirmed at bb. All ratings carry a Stable outlook.

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