by Amruth Sundarkumar | Aug 20, 2021 | Corporates, Credit Ratings
Kuwait Projects Company (Holding) K.S.C.P. (KIPCO) has been downgraded to Ba2 from Ba1 with a negative outlook based on insufficient market value leverage (MVL). Concurrently, it’s Probability of Default Rating (PDR) has been lowered to Ba2-PD from Ba1-PD. The...
