S&P Assigns BBB Rating on Hong Kong Telecommunications Subsidiary's Medium-Term Note Program

MT Newswires Live07-05

S&P Global Ratings assigned a BBB long-term issue rating to Hong Kong Telecommunications subsidiary HKT Capital's proposed multi-currency unsecured and unsubordinated medium-term note program, the rating agency said in a note published on Thursday.

S&P said the program's rating is similar to Hong Kong Telecommunications' issuer credit rating, reflecting "minimal subordination risk in the company's capital structure."

The rating agency said it does not forecast a significant change in the capital structure of Hong Kong Telecommunications and HKT Trust and HKT (HKG:6823), which fully owns the telco through HKT Group Holdings, following the program.

The rating agency said that Hong Kong Telecommunications and HKT Group Holdings guarantee the note program on an unsubordinated and unsecured basis.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2449253406?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-05 16:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2449253406","market":"hk","top_or_hot":-1,"title":"S&P Assigns BBB Rating on Hong Kong Telecommunications Subsidiary's Medium-Term Note Program","media":"MT Newswires Live","content":"<html><body><p> S&amp;P Global Ratings assigned a BBB long-term issue rating to Hong Kong Telecommunications subsidiary HKT Capital's proposed multi-currency unsecured and unsubordinated medium-term note program, the rating agency said in a note published on Thursday.</p><p>S&amp;P said the program's rating is similar to Hong Kong Telecommunications' issuer credit rating, reflecting \"minimal subordination risk in the company's capital structure.\"</p><p>The rating agency said it does not forecast a significant change in the capital structure of Hong Kong Telecommunications and HKT Trust and HKT (HKG:6823), which fully owns the telco through HKT Group Holdings, following the program.</p><p>The rating agency said that Hong Kong Telecommunications and HKT Group Holdings guarantee the note program on an unsubordinated and unsecured basis.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P Assigns BBB Rating on Hong Kong Telecommunications Subsidiary's Medium-Term Note Program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P Assigns BBB Rating on Hong Kong Telecommunications Subsidiary's Medium-Term Note Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-05 16:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P Global Ratings assigned a BBB long-term issue rating to Hong Kong Telecommunications subsidiary HKT Capital's proposed multi-currency unsecured and unsubordinated medium-term note program, the ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2449253406","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2449253406","pubTimestamp":1720168299,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"S&P Global Ratings assigned a BBB long-term issue rating to Hong Kong Telecommunications subsidiary HKT Capital's proposed multi-currency unsecured and unsubordinated medium-term note program, the rating agency said in a note published on Thursday.S&P said the program's rating is similar to Hong Kong Telecommunications' issuer credit rating, reflecting \"minimal subordination risk in the company's capital structure.\"The rating agency said it does not forecast a significant change in the capital structure of Hong Kong Telecommunications and HKT Trust and HKT , which fully owns the telco through HKT Group Holdings, following the program.The rating agency said that Hong Kong Telecommunications and HKT Group Holdings guarantee the note program on an unsubordinated and unsecured basis.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"标普对香港电信子公司中期票据计划给予BBB评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06823":0.9},"content_text":"S&P Global Ratings assigned a BBB long-term issue rating to Hong Kong Telecommunications subsidiary HKT Capital's proposed multi-currency unsecured and unsubordinated medium-term note program, the rating agency said in a note published on Thursday.S&P said the program's rating is similar to Hong Kong Telecommunications' issuer credit rating, reflecting \"minimal subordination risk in the company's capital structure.\"The rating agency said it does not forecast a significant change in the capital structure of Hong Kong Telecommunications and HKT Trust and HKT (HKG:6823), which fully owns the telco through HKT Group Holdings, following the program.The rating agency said that Hong Kong Telecommunications and HKT Group Holdings guarantee the note program on an unsubordinated and unsecured basis.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2449253406"}