Qatar- Moody's affirms Ooredoo's A2 ratings stable outlook
(MENAFN - The Peninsula) The Peninsula Moody's Investors Service (Moody's') yesterday affirmed the A2 long-term issuer rating of Ooredoo Q.P.S.C. (Ooredoo), as well as the A2 backed senior unsecured ratings on Ooredoo International Finance Limited, and the (P)A2 backed senior unsecured Medium-Term Note Program rating under Ooredoo Tamweel Limited. The outlook on all the ratings is stable. The affirmation of the ratings reflects Ooredoo's resilient performance in 2020 despite the impact of the COVID outbreak. In 2020, revenue and EBITDA declined by 4 percent and 6 percent respectively compar...
Source: menafn.com