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Moody's Affirms MTR CORPORATION's Aa3 Rating; Outlook Raised to Stable
Recommend 10 Positive 18 Negative 4 |
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Following the recent upgrade of Hong Kong's rating outlook to Stable, Moody's correspondingly raised the outlook for MTR CORPORATION (00066.HK) from Negative to Stable, the rating agency announced. It also affirmed its Aa3 issuer and senior unsecured ratings, (P)Aa3 senior unsecured medium-term note (MTN) program ratings and senior unsecured shelf rating, and (P)P-1 other short-term rating. Moody's forecast MTR's operational and financial performance to remain stable over the next 12-18 months, and its strategic importance to Hong Kong to remain unchanged. AASTOCKS Financial News Website: www.aastocks.com |
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