Moody’s Raises Outlook for Telenor to Positive, Affirms Baa1 Rating
Moody's Ratings confirmed Telenor ASA's Baa1 senior unsecured rating and moved the outlook to positive from stable, pointing to ongoing deleveraging aided by stronger Nordic operating performance and planned debt repayment using proceeds from the sale of the company’s Thailand business. The agency left several ratings unchanged, outlined projected …