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BRIEF-Moody's assigns provisional (P)A1 rating to Saudi Arabia's proposed medium-term note program
October 11, 2016 / 11:06 PM / a year ago

BRIEF-Moody's assigns provisional (P)A1 rating to Saudi Arabia's proposed medium-term note program

Oct 11 (Reuters) -

* Moody’s assigns provisional (P)A1 rating to Saudi Arabia’s proposed medium-term note program

* Moody’s - Saudi Arabia exhibits somewhat greater limitations of fiscal policy, weaker fiscal stance compared to GCC peers with fiscal strength assessment of “very high”

* Moody's - Saudi Arabia's rating is supported by "very high" economic and fiscal strengths, which, despite low oil prices, still remain relatively strong Source : (bit.ly/2dHFfb0)

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