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Moody's cuts MCT outlook to negative amid pandemic

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Moody's expects social- distancing measures and weaker consumer sentiment to curb retail spending at MCT-owned VivoCity.

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 (...

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