E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers E > Headlines for Emirates Trading Agency LLC > News item
Published on 1/9/2008 in the Prospect News Emerging Markets Daily.

S&P rates Emirates Trading loans BBB-

Standard & Poor's said it assigned Emirates Trading Agency LLC, a fully owned subsidiary of ETA Group (BBB-/stable), a BBB- long-term rating to the $300 million unsecured credit facility due 2012.

The original borrowers under the facility are Emirates Trading Agency, Associated Construction and Investments Co. LLC and ETA Star Holdings Ltd. Jebel Ali.

Proceeds will be used for refinancing existing short-term debt and for general corporate purposes.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.