Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base."*MOODY'S RATINGS AFFIRMS TELEKOM MALAYSIA'S A3 RATINGS; OUTLOOK" - BBG
In summary, Moody's states that Telekom Malaysia's credit quality continues to improve with leverage maintained below 2.0x. Pricing restrictions imposed by the regulator are a downside, but overall the credit is solid. We note that there is a $241m 8/25 maturity. Liquidity is strong with cash and equivalent at end '24 of MYR3.1bn ($700m). Overall neutral for spreads.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base."*MOODY'S RATINGS AFFIRMS TELEKOM MALAYSIA'S A3 RATINGS; OUTLOOK" - BBG
In summary, Moody's states that Telekom Malaysia's credit quality continues to improve with leverage maintained below 2.0x. Pricing restrictions imposed by the regulator are a downside, but overall the credit is solid. We note that there is a $241m 8/25 maturity. Liquidity is strong with cash and equivalent at end '24 of MYR3.1bn ($700m). Overall neutral for spreads.