Moody's assigns A1 to NBN bonds

Moody's Investors Service said it assigned a (P)A1 senior unsecured rating to NBN Co. Ltd.'s $50 billion global medium-term note program and A1 ratings to its $1.25 billion 2.625% senior medium-term notes due May 5, 2031 and its $750 million 1.45% senior medium-term notes due May 5, 2026.

These ratings are in line with NBN's long-term issuer rating of A1 with a stable outlook.

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