Moody’s downgrades APMI One’s senior secured debt rating to Ba1
Moody’s Investors Service on Tuesday downgraded the rating of fixed rate amortizing senior secured bonds issued by ACWA Power Management and Investments One Ltd. to Ba1 from Baa3. The outlook remains stable, said a statement issued by the US credit rating agency. The $814 million of 5.95 percent fixed rate…
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