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Singtel close to ratings downgrade trigger: S&P
Softer showing in S'pore, Australia bring key earnings ratio closer to ratings threshold
Published Tue, Mar 12, 2019 · 09:50 PM
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Singapore
ANOTHER credit agency has warned that Singtel is flirting with a downgrade to its long-term rating.
Standard & Poor's (S&P) reiterated its "A+" rating and "stable" outlook on the mainboard-listed telco on Tuesday, but added that operational weakness has brought Singtel closer to a ratings downgrade trigger.
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