Debt watcher Moody’s Investors Service has maintained its Baa2 rating with a stable outlook for telco giant PLDT Inc. on the strength of its finances even after incurring a budget overrun.
KUALA LUMPUR (April 21): The recently announced tower acquisition by Axiata Group Bhd's 63%-owned tower company edotco an early mover advantage in the nascent and growing independent tower market in the Philippines, according to Moody's Investors Services as it affirmed the group's issuer Baa2 issuer rating, with outlook remaining stable.
KUALA LUMPUR (Dec 13): Moody’s Investors Service has affirmed Telekom Malaysia Bhd (TM)’s A3 issuer and senior unsecured rating, as well as the (P) A3 rating on TM’s wholly-owned finance subsidiary Tulip Maple Bhd’s US$750 million senior unsecured multi-currency sukuk issuance programme.
KUALA LUMPUR, Dec 13 Moody’s Investors Service has affirmed Telekom Malaysia Bhd’s ™ A3 issuer and senior unsecured rating, as well as the (P)A3 rating on TM’s wholly-owned finance subsidiary Tulip Maple Bhd’s US$750 million (US$1=RM4.21) senior unsecured multicurrency sukuk issuance.