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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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The buzz around Dubai's reviving fortunes grew louder this week as Jebel Ali Free Zone (Jafza) asked holders of its Dh7.5bn ($2.04bn) November-maturing sukuk if it could redeem the notes early.
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Karachi, May 3, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed medium to long-term entity rating of Kot Addu Power Company Limited (KAPCO) at 'AA+' (Double A Plus) and short-term rating at 'A- 1 +' (A One Plus). The outlook on the medium to long-term rating is 'Stable'.