Moody's confirms MTN Group's Ba1 ratings; negative outlook

Moody's Investors Service ("Moody's") has today confirmed MTN Group Limited's (JSE:MTN, GSE:MTNGH) Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and the Aa3.za national scale corporate family rating. Moody's has also confirmed the Ba1 rating on all the senior unsecured notes issued by MTN (Mauritius) Investments Limited. The rating outlook is negative.