MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
Jan 9 - Fitch Ratings has assigned the following underlying ratings to the Triborough Bridge and Tunnel Authority, New York (TBTA): --$266.3 million general revenue refunding bonds, series 2013B 'AA-'; --$637.9 million subordinate revenue refunding bonds, series 2013A 'A+'. The bonds are expected to price through negotiation the week of Jan. 7, 2013. The Rating Outlook is Stable. In addition, Fitch has withdrawn the 'AA-'/'A+' rating previously assigned to the TBTA's series 2012D and series 2012C, as the bond sale was delayed and the bonds were re-designated as series 2013B and series 2013A. For more information, please see the Fitch release titled 'Fitch Rates Triborough Bridge & Tunnel Authority's (New York) General Revs & Sub Lien 'AA-/'A+') dated Dec. 6, 2012 and available at 'www.fitchratings.com'.
ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.
ISTANBUL, Sept 24 Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy.