Moody's assigns first-time Ba3 and Aaa.ng ratings to Dangote Cement Plc; stable outlook
Moody's Investors Service has assigned a first-time Ba3 corporate family rating (CFR), Ba3-PD probability of default rating and Aaa.ng national scale rating (NSR) corporate family rating to Dangote Cement Plc (DCP), a Nigeria-based cement producer. The outlook on the ratings is stable.