2009-12-14
D&B Germany lowers country rating for Dubai
D&B Germany has lowered the risk indicator for the emirate Dubai by one quartile from DB2a to DB2b with negative prognosis. The decision was made after the state owned holding company Dubai World suddenly requested an adjournment for the pay back of bonds in the sum of 5.25 billion US Dollar at the end of November.
The full press release is available in the German section of our website.
Christian Noack
Manager Public Relations
D&B Deutschland GmbH
Havelstraße 9
64295 Darmstadt
T: +49 6151 1375 736
F: +49 6151 1375 99 736
M: +49 175 7237786
noack@dnbgermany.de
www.dnbgermany.de