Moody's affirms Nakilat

Moody's Investors Service said it affirmed the Aa2 senior debt and Aa3 subordinated debt ratings of Nakilat Inc. with a stable outlook.

The baseline credit assessment has been upgraded from 9 (Baa2 equivalent) to 7 (A3 equivalent), the agency said, adding that Nakilat was formed in April 2006 as a wholly owned subsidiary of Qatar Gas Transport Co. Ltd.

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