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Moody’s affirms Kuwait Investment rating; Outlook Stable

Moody’s affirms Kuwait Investment rating; Outlook Stable
The rating has not change since it was affirmed in November 2014
KINV
KINV
-1.72% 171.00 -3.00

Mubasher: Moody’s Investors Service has affirmed Kuwait Investment’s long-term Issuer Default Rating (IDR) at “Ba2”, with a “Stable” Outlook.

The rating has not change since it was affirmed in November 2014.

The baseline credit assessment is still at “B3”, reflecting the company’s profitability, according to a bourse statement issue don Thursday.