Moody's Asia Pacific Weekly keeps you updated on the latest research, rating actions, and events from Moody's in Asia.
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Moody's says that the European System of Central Banks, or Eurosystem, has very substantial capacity to support euro area banks and sovereign debt markets.
Philippines’ Bond Buyback Addresses Credit Weakness, Improves Debt Profile; Malaysia’s Credit Positive Budget Supports Debt Sustainability and Prospects for Reform; Australian RMBS Delinquencies Increasing Despite Mining Boom, and more.
Moody's has assigned definitive ratings to notes issued by BNY Trust Company of Australia Ltd in its capacity as trustee of the Series 2011-3 WST Trust.
Moody's has stated that the execution of a new guaranty and associated side letters relating to a swap agreement between Helium Capital Limited Series 80 and Merrill Lynch International will not, in and of itself and at this time, result in a reduction or withdrawal of the current rating of the notes issued by the Issuer.
Moody's has noted the announcement by Telstra Corporation Ltd that it has, after receiving a majority vote of its shareholders, decided to proceed with the structural separation plan unanimously proposed by its Board.
Moody's will continue to review for possible upgrade Shanghai Industrial Urban Development Group Ltd's (formerly Neo-China Land Group (Holdings) Ltd) B2 corporate family and senior unsecured ratings.
Moody's has affirmed the ratings of TMB Bank Public Co Ltd: standalone D- bank financial strength rating (BFSR), which maps to Ba3 on the long-term scale; and Baa3/Prime-3 long-term foreign currency deposit. All ratings have a stable outlook.
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