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  • September 24, 2014
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Results 1 - 8 of 8 for moody's

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  1. HKT Trust makes dull start amid market worries

    Posted Nov 30th 2011, 12:00am

    ... brokerage firm Haitong Securities and New China Life Insurance will raise a combined US$8.5 billion by the end of next month. Ratings agency Moody's Investors Service yesterday confirmed HKT's credit rating at Baa2 and left it with a stable outlook because of plans to use HK$7.8 billion of the listing proceeds to repay debt. Moody's had in March put the rating on review ...

  2. PCCW may raise up to HK$11b from city's first business trust

    Posted Nov 10th 2011, 12:00am

    ... 7.4 per cent to 8.8 per cent. 'Compare that to SmarTone on a 7 per cent yield on 14 times earnings,' Soh said. Moody's Investors Service yesterday said the successful listing ... medium-grade Baa2 rating under review for possible downgrade pending completion of the listing. Laura Acres, a Moody's vice-president, said the listing could reduce that debt to US$1.5 billion ...

  3. Disposal plan clouds $6.5b loan

    Posted Jul 04th 2006, 12:00am by Staff Reporter

    ... and a $6 billion syndicated loan due in 2008. Standard & Poor's rates the company BBB, two steps above non-investment grade, while Moody's Investors Service gives PCCW a Baa2 rating. Moody's last month placed the group on review for a possible downgrade following news of the divestment. The ratings service said the telecommunications assets were key cash flow contributors. ...

  4. PCCW issue attracts $1.3b from international buyers

    Posted Jul 15th 2005, 12:00am by Staff Reporter

    ... an 'outperform' rating on PCCW's credits, as it expects it to continue to reduce debt levels, eventually triggering ratings upgrades from both Moody's and Standard & Poor's. PCCW is rated BBB by Standard & Poor's Ratings Services and Baa2 by Moody's Investors Services. Fitch Ratings rates the company one notch higher at BBB-plus, but revised its outlook ...

  5. PCCW unit markets US$500m debt issue

    Posted Jul 14th 2005, 12:00am by Staff Reporter

    ... billion in undrawn bank credit lines- puts PCCW in a solid position to meet these obligations, Moody's said. PCCW has also agreed to provide the necessary financing to Sunday Communications ...

  6. Business Digest

    Posted Aug 01st 2006, 12:00am by Staff Reporter

    ... to buy out an onshore oil and petrochemical storage terminal project in Fujian province, despite being downgraded by credit rating agency Moody's Investors Services for its aggressive ...

  7. PCCW gets stiffer terms for $6.5b loan

    Posted Jul 17th 2006, 12:00am by Staff Reporter

    ... non-investment grade, while Moody's Investors Service gives PCCW a Baa2 rating. Both ratings agencies last month placed the group on review for a possible downgrade following news of the divestment. ...

  8. PCCW dives as deal disappoints

    Posted Jul 12th 2006, 12:00am by Georgina Lee

    ... downgrades. Standard & Poor's said it would retain its BBB long-term corporate credit rating on PCCW-HKT Telephone with negative implications, while Moody's Investors Service said ...



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