Moody's: Assigns "Baa2" rating to proposed USD senior unsecured notes of Hong Kong Telecom (06823.HK) subsidiary

On June 2, Moody's awarded a "Baa2" stable rating to the US dollar-denominated senior unsecured notes proposed to be issued by HKT Capital Limited, a direct wholly-owned subsidiary of Hong Kong Telecommunications (HKT) Limited (stock code: 06823.HK), commonly known as "Hong Kong Telecommunications".