You are here

Moody's downgrades ST Engg's baseline credit assessment but affirms its triple A issuer rating


MOODY'S Investors Service has downgraded ST Engineering's baseline credit assessment (BCA) to a3 from a2 based on an expected deterioration of the company's financials following its acquisition of Belgium-based satellite company Newtec Group.

Nonetheless, the credit...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to