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Moody's cuts CMT's outlook to 'negative'

Change in outlook reflects the likely increase in CMT's debt leverage following the proposed acquisition

Singapore

CREDIT ratings agency Moody's Investors Service on Thursday changed the outlook on all CapitaLand Mall Trust's (CMT) ratings from "stable" to "negative", following CMT's announcement earlier this week that it will acquire the remaining 70 per cent

sentifi.com

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