Finance

KBRA upgrades DAE's senior unsecured bond rating to BBB+

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KBRA upgrades DAE's senior unsecured bond rating to BBB+

Kroll Bond Rating Agency (KBRA) has reaffirmed the BBB+ issuer rating of Dubai Aerospace Enterprise and upgrades DAE’s senior unsecured debt rating from BBB to BBB+. Accordingly, KBRA has upgraded the ratings of the senior unsecured notes issued by DAE Funding LLC from BBB to BBB+. The Outl...

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