Moody's downgrades Hyprop Investments Limited to Ba1/Aa3.za; outlook negative
Rating Action: Moody's downgrades Hyprop Investments Limited to Ba1/Aa3. za; outlook negative. Global Credit Research- 13 Feb 2019. DIFC- Dubai, February 13, 2019-- Moody's Investors Service has assigned a corporate family rating of Ba1 and has withdrawn Hyprop's long-term Baa3 issuer rating, in line with the rating agency's practice for corporates with non-investment-grade ratings.Hyperion w Likwidacji SA Formerly known as Hyperion Sa. Hyperion SA is a Poland-based company active in the multimedia sector. The Company provides such services as Internet Protocol television (IPTV), mobile Internet access, e-books and broadcasting. Through its subsidiaries, the Company offers e-commerce services, television broadcasting and distribution of footwear and clothing throug the Web stores. As of December 31, 2011, the Company formed a capital group and operated a number of subsidiaries, including Telestar SA, Euro Digital Corporation Ltd, Premier Telecom Ltd, Netshops Sp. z o.o. and Mobini SA, among others. On March 26, 2013, the Company acquired a 100% stake in Malopolska Siec Szerokopasmowa Sp. z o.o.
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