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Singtel's A+ rating hinges on NetLink divestment

Thursday, June 29, 2017 - 05:50

Singapore

SINGAPORE Telecommunication's divestment of fibre broadband infrastructure operator, NetLink NBN Trust, in the latter's upcoming initial public offering (IPO) is key to maintaining its 'A+' rating, but rating headroom remains low, Fitch Ratings said on Wednesday.

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