Moody’s affirms Omantel Ba1 ratings, lifts outlook to positive
Moody’s Ratings affirmed Omantel’s Ba1 long-term corporate family rating and Ba1-PD probability of default rating, and raised its Baseline Credit Assessment to ba2 while switching the outlook to positive from stable.
By Staff WriterMuscat — Moody’s Ratings has affirmed Oman Telecommunications Company’s (Omantel) Ba1 long-term corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and ba2 Baseline Credit Assessment (BCA), while changing the outlook to positive from stable.The ratings of the ba…