Moody's affirms Optus ratings

Moody's Investors Service said it affirmed the Aa3/P-1 ratings of Optus Finance Pty Ltd. The outlook is stable.

"The rating affirmation reflects Optus' solid single-A stand-alone credit profile, combined with additional credit support implied through its 100% ownership by and close operational linkages with its parent - Singapore Telecommunications Limited ("SingTel" - rated Aa2/stable)," said Ian Lewis, a Moody's vice president/senior analyst, in a news release.

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