| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for HKT Capital No. 2 Ltd. > News item |
Moody’s assigns Baa2 to HKT Capital notes
Moody's Investors Service said it assigned a Baa2 rating to HKT Capital No. 2 Ltd.’s proposed dollar-denominated senior unsecured notes due 2025.
HKT Capital No. 2 is a direct and wholly owned subsidiary of Hong Kong Telecommunications (HKT) Ltd. (Baa2 stable).
The proposed notes will be irrevocably and unconditionally, jointly and severally guaranteed by Hong Kong Telecommunications (HKT) Ltd. and its parent, HKT Group Holdings Ltd. (HKT Group, unrated).
The outlook is stable.
HKT Group is a direct and wholly owned subsidiary of HKT Ltd. (unrated), which in turn is listed on the Hong Kong Stock Exchange.
HKT is an indirect and wholly owned subsidiary of HKT Group and is HKT Ltd.’s principal operating entity. Moody's therefore considers HKT Ltd operating and financial metrics when assessing HKT's credit risk profile.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.