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Prospect News home > News index > List of issuers I > Headlines for Industrial Development Corp. of South Africa > News item |
Moody's turns DBSA, IDC views to stable
Moody's Investors Service said it affirmed the Ba3 corporate family ratings and issuer ratings of the Development Bank of Southern Africa and the Industrial Development Corp. of South Africa and changed the issuer outlooks to stable from negative.
The action follows the decision on Friday to affirm the Ba2 rating for the government of South Africa and change the outlook on the sovereign rating to stable from negative, the agency said.
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