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A sign for Moody's rating agency is displayed at the company headquarters in New York, September 18, 2012. AFP PHOTO/Emmanuel Dunand (Photo by EMMANUEL DUNAND / AFP)
Doha, Qatar: Moody’s upgraded Nakilat Inc’s and its senior secured notes to “Aa3” from “A1”, and the subordinated debt to “A1” from “A2” with a stable outlook, the Qatari shipping and maritime company said in a statement yesterday.
These strong credit ratings were issued by the international credit rating agency and are in line with the State of Qatar’s credit rating upgrade and based on Moody’s review of Nakilat Inc.’s current and future financial and operational performance, read the statement released on Qatar Stock Exchange website.
With one of the world’s largest Liquefied Natural Gas (LNG) shipping fleet comprising of 69 LNG carriers, the company provides the essential transportation link in Qatar’s LNG supply chain.
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