SUBSCRIBERS

Moody's cuts MCT outlook to negative amid pandemic

Published Tue, May 5, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MOODY'S Investors Service has lowered its outlook on Mapletree Commercial Trust (MCT) to negative from stable amid the novel corona-virus pandemic.

    The credit rating agency, however, affirmed the Baa1 issuer rating of the mainboard-listed real estate investment trust (Reit).

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.