Moody's blow to Dar Al-Arkan

Author: 
REUTERS
Publication Date: 
Wed, 2011-01-19 02:46

The ratings agency's last action on the Saudi firm was a November downgrade to Ba3 with a stable outlook from Ba2. "Under certain circumstances, Moody's will withdraw a rating for an issuer or an obligation for reasons unrelated to the adequacy of information, or bankruptcy or reorganization status of the credit," the agency's withdrawal policy says.

Taxonomy upgrade extras: