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4-Traders Homepage  >  Equities  >  Nyse  >  Moody's Corporation    MCO

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Moody : AIIB given top Aaa credit rating by Moody's

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06/29/2017 | 02:03pm CEST

Moody's Investors Service has given its topmost credit rating to the Asian Infrastructure Investment Bank, the China-backed lender said Thursday.

Moody's is the first of the major credit rating agencies to rate the creditworthiness of the AIIB, and its Aaa rating will enable the AIIB to issue bonds and procure funds from international financial markets at the lowest prevailing interest rates.

Proposed by China in 2013 and launched at a ceremony in Beijing in October 2014, the bank began operating in December 2015.

==Kyodo

© Kyodo News International, Inc., source Newswire

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Financials ($)
Sales 2017 3 837 M
EBIT 2017 1 658 M
Net income 2017 1 050 M
Debt 2017 1 502 M
Yield 2017 1,22%
P/E ratio 2017 21,92
P/E ratio 2018 21,23
EV / Sales 2017 6,48x
EV / Sales 2018 5,98x
Capitalization 23 346 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 121 $
Spread / Average Target -0,83%
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NameTitle
Raymond W. McDaniel President, Chief Executive Officer & Director
Henry K. McKinnell Chairman
Linda S. Huber Chief Financial Officer & Executive Vice President
Tony Stoupas Chief Information Officer & Senior Vice President
Basil L. Anderson Independent Director
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