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Sukuk.me: Aldar Properties falls after Moody's cuts ratings

23/06/2011 08:25:03 PM GMT   Comments ()     Add a comment   Print     E-mail to friend

Moody's also downgraded Aldar's US$1.25 billion bond, due in 2014, by two notches to "B3" from "B1" as well as its Dh3.75bn sukuk, due in 2013, by the same amount. Aldar declined 3.7 per cent to Dh1.29 on the Abu Dhabi Securities Exchange. ...

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Source: AJP

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