Moody’s assigns (P) A1 rating to APICORP bonds

01/10/2010 – DIFC – Dubai, October 01, 2010 — Moody’s Investors Service has today assigned a provisional (P) rating of A1 to the Saudi riyal-denominated senior unsecured bonds that will soon be issued by the Arab Petroleum Investments Corporation (“APICORP”). The rating of the bonds is, provisionally, in line with APICORP’s existing foreign currency issuer rating of A1 with a stable outlook.