Fitch Revises PLDT's LC IDR Outlook to Negative
OREANDA-NEWS. Fitch Ratings has revised the Outlook on PLDT Inc.'s (PLDT) Long-Term Local-Currency Issuer Default Rating (LC IDR) to Negative from Stable. The LC IDR has been affirmed at 'BBB+'. The agency has simultaneously affirmed the Philippine telco's Long-Term Foreign-Currency IDR (FC IDR) and its foreign-currency senior unsecured rating at 'BBB', as well as its National Rating at 'AAA(phl)'. The Outlook on the FC IDR and National Long-Term Rating is Stable.