Press Release: Moody's downgrades Alaqaria's ratings to Baa2 with a stable outlook (Qatar)
Moody's Investors Service has today downgraded to Baa2 from Baa1 the local and foreign currency long-term issuer ratings for Qatar Real Estate Investment Company P.Q.S.C. (known as QREIC or Alaqaria) and the rating for the $300m Trust Certificates due 2012 (sukuk) issued by Qatar Alaqaria Sukuk Company.
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