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Published on 3/23/2020 in the Prospect News Emerging Markets Daily.

Fitch revises Dubai Aerospace view downward

Fitch Ratings said it revised the outlook on Dubai Aerospace Enterprise (DAE) Ltd.'s long-term issuer default rating to negative from stable on increasing coronavirus-related risks.

Fitch also affirmed the company's long-term IDR and DAE Funding LLC's senior unsecured debt rating at BBB- and Dubai Aerospace's senior secured long-term debt rating at BBB.


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