• Thu
  • Sep 18, 2014
  • Updated: 1:04am


Moody's rules out rating downgrade

International credit rating agency Moody's Investors Service will not downgrade Hong Kong's rating even though the Government is expected to see its fiscal reserves eroded by $98.6 billion over the next five years.

Friday, 8 March, 2002, 12:00am

Moody's rating on fixed-line business paves way for bond issue

Pacific Century CyberWorks has received investment-grade ratings from Moody's Investors Service and Standard & Poor's (S&P) on its fixed-line business PCCW-HKT Telephone, paving the way for a bond issuance.

5 Jul 2001 - 12:00am

Ratings boost for Bumiputra

Kuala Lumpur: Bumiputra-Commerce Bank's rating has been raised by Moody's Investors Service, as the lender is in a strong financial position because of support from Malaysian government agencies. Moody's upgraded the financial strength of Malaysia's second-largest bank to E-plus, its second-lowest bank financial-strength rating, from E, the lowest rating.

30 Mar 2000 - 12:00am

SHKP targets US$1.5b

Sun Hung Kai Properties (SHKP) plans to triple the ceiling on its medium-term euro notes to US$1.5 billion from $500 million because of a favourable market response.

The developer said it had raised an equivalent of about US$400 million through Hong Kong-dollar bonds and a floating-rate US-dollar note since it launched a euro-note programme in February.

16 Sep 1999 - 12:00am

S&P in negative mood on AIB deal

United States credit rating agency Standard & Poor's has put Allied Irish Banks on creditwatch with negative implications, after its decision to take a 24.9 per cent option on Singapore's fifth largest bank, Keppel Tat Lee.

5 Jun 1999 - 12:00am

Property firms get Moody's warning

The credit ratings of Hong Kong property firms could come under pressure as a result of changing housing policy objectives and a tough operating environment, Moody's Investors Service has warned in a report.

Moody's said the concerns were raised by new policy objectives to increase home ownership, which could boost flats supply.

2 Apr 1999 - 12:00am