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Published on 3/9/2009 in the Prospect News Emerging Markets Daily.

Moody's affirms PSA International

Moody's Investors Service said it affirmed PSA International Pte Ltd.'s Aaa issuer and senior unsecured debt ratings.

The outlook remains stable.

The rating combines the underlying credit strength of the group and the strong support enjoyed from its major shareholder, Temasek Holdings Pvt Ltd., Moody's said.

Moody's said it expects Temasek to fully support the company, which is a world-class port operator and important to Singapore's economy and reputation, Moody's said.


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