Moody’s lowered ratings outlook for Deutsche Telekom (DT) to nega...
Moody’s lowered ratings outlook for Deutsche Telekom (DT) to negative from stable, reflecting its view “of an increased uncertainty” over DT’s plans to complete its asset disposal plan. DT is trying to raise cash to reduce its debt by…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
$30 billion this year. DT already has reached 1/3 of its debt reduction target by disposing of cable TV and other assets, Moody’s said. Some of more “challenging” cash-raising actions are set for later this year, including IPO of T-Mobil International, Moody’s said.