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Moody's Ratings downgrades Proximus to A3; outlook stable

Moody's Ratings (Moody's) has today downgraded to A3 from A2 the senior unsecured ratings of Belgian telecommunications services provider Proximus SA de droit public ("Proximus" or "the company"). Concurrently, we have downgraded to (P)A3 from (P)A2 the company's senior unsecured MTN programme ratin...

Proximus SA de droit public: Update following rating affirmation

Our credit view of this issuer reflects its improving network quality, supported by accelerating investments, against its deteriorating financial leverage and increased competition.

Moody's affirms Proximus' A2 rating; outlook stable

Moody's Ratings (Moody's) has today affirmed the ratings of telecommunications services provider Proximus SA de droit public ("Proximus" or "the company"), including the A2 senior unsecured ratings and the (P)A2 senior unsecured MTN programme rating. Moody's has also affirmed the baa1 Baseline Credi...

Proximus SA de droit public: Acquisition of Route Mobile is credit neg...

Proximus' acquisition of a 57.6% stake in Route Mobile increases leverage at a time when the rating is weakly positioned.

Proximus SA de droit public: Update following downgrade to A2, outlook...

Our credit view of Proximus reflects reflects its deteriorating leverage and increasing competition, against its improving network quality supported by accelerating investment.

Moody's downgrades Proximus' ratings to A2; stable outlook

Moody's Investors Service ("Moody's") has today downgraded to A2 from A1 the senior unsecured ratings of Proximus SA de droit public ("Proximus" or "the company"), the leading integrated telecommunications provider in Belgium. Concurrently, Moody's has downgraded to (P)A2 from (P)A1 the company's se...

Proximus SA de droit public: Update to credit analysis

Our credit view of Proximus reflects its weakening financial metrics, resulting from accelerated investments to improve the network, against sustained competition.

Moody's announces completion of a periodic review of ratings of Proxim...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Proximus SA de droit public. Global Credit Research- 10 Nov 2021. Madrid, November 10, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Proximus SA de droit public and other ratings that are associated with the same analytical unit.

Proximus SA de droit public: Update to credit analysis

Our credit view of Proximus reflects its status as a medium-sized telecom company, with stable operating cash flow, offset by its weak FCF metrics.

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