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Prospect News home > News index > List of issuers M > Headlines for Mpact Treasury Co. Pte. Ltd. > News item |
Moody’s rates MPact notes Baa1
Moody’s Investors Service said it assigned a senior unsecured rating of Baa1 to the planned Singapore dollar-denominated notes to be issued by Mpact Treasury Co. Pte. Ltd. under the company's existing euro medium-term securities program, which is rated (P)Baa1.
DBS Trustee Ltd. in its capacity as Mpact’s trustee will guarantee the notes.
The issuer will use the proceeds to refinance its borrowings.
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