LONDON: Helios Towers plc, the independent telecommunications infrastructure company, announced Moody’s Investors Service has upgraded the Company’s long-term corporate family rating from B2 to B1 with a stable outlook. The rating on Helios Towers’ 7.000% Senior Notes due 2025 was also upgraded as part of the rating action to B1. The positive rating action reflects…
DOHA, QATAR: Moody’s Investors Service has reconfirmed the long-term deposit rating of Qatar Islamic Bank (QIB) at A1, with a stable outlook, a news release said. Moody’s said in its Credit Opinion Report that QIB’s assigned rating reflects the bank’s strong asset quality, strong and stable profitability, adequate capital and liquidity buffers, supported by its…
PARIS: Credit rating agency Moody’s has affirmed its financial strength and subordinated notes ratings for CNP Assurances despite the unprecedented health and financial crisis. As previously, the A1 financial strength rating (with stable outlook) for the Group does not include any specific uplift linked to CNP Assurances’ shareholding structure. In its press release published on…