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KBRA upgrades DAE to A- on scale and diversification gains

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KBRA upgrades DAE to A- on scale and diversification gains

Kroll Bond Rating Agency has upgraded the issuer and senior unsecured ratings of Dubai Aerospace Enterprise (DAE) to A- from BBB+, with the outlook revised to stable.The upgrade reflects DAE’s expanding scale, improved fleet and customer diversification, and increased visibility on growth followin...

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