Moody’s assigns debut rating to Abu Dhabi’s ADQ
- Date: 22-Jun-2021
- Source: The National
- Sector:Financial Markets
- Country:UAE
Moody’s assigns debut rating to Abu Dhabi’s ADQ
Moody's Investors Service assigned its third-highest investment grade rating to Abu Dhabi's state holding company, ADQ, the same level given to the Abu Dhabi government.
ADQ, which ranks as the emirate's third largest fund after Abu Dhabi Investment Authority and Mubadala, was rated Aa2 with a stable outlook by Moody's.
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