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Corporate digest
Published Fri, Dec 3, 2021 · 09:50 PM
Grab Holdings
CREDIT ratings agency Moody's Investors Service has upgraded the corporate family rating on Grab Holdings from "B3" to "B2", following its recent debut on the Nasdaq.
The rating upgrade reflects the improvement in Grab's liquidity and financial flexibility following its public listing, said Moody's analyst Stephanie Cheong in a report on Friday (Dec 3).
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