E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers P > Headlines for PCCW-HKT Telephone Ltd. > News item
Published on 6/20/2006 in the Prospect News Emerging Markets Daily.

S&P places PCCW-HKT Telephone on watch

Standard & Poor's said it placed its BBB long-term corporate credit rating on PCCW-HKT Telephone Ltd. on CreditWatch with negative implications after its parent company, PCCW Ltd. announced that it was in talks with a third party to sell all of its core telecom and media assets.

S&P said that discussions are at an early stage and no details have been disclosed.

PCCW shares were suspended on June 19, the agency added.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.