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Prospect News home > News index > List of issuers D > Headlines for Dubai Holding Commercial Operations Group LLC > News item
Published on 7/7/2008 in the Prospect News Emerging Markets Daily.

Fitch assigns Dubai Holding notes AA-

Fitch Ratings said it assigned Dubai Holding Commercial Operations MTN Ltd.'s CHF250 million of 5¼% notes due July 14, 2011 and ¥10 billion of floating-rate notes due July 3, 2013 AA- ratings.

The agency said that these notes are issued under the company's $8 billion debt issuance program that is unconditionally and irrevocably guaranteed by Dubai Holding Commercial Operations Group LLC.

The program is rated AA-, Fitch noted.

However, it should be noted that the program size was revised in June to $8 billion from $5 billion, the agency added.


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