PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 132.85
Bid: 132.80
Ask: 132.90
Change: 0.25 (0.19%)
Spread: 0.10 (0.075%)
Open: 132.70
High: 135.50
Low: 132.50
Prev. Close: 132.60
BT.A Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Negative Outlook For BT's Capital Securities Issue - Moody's

Mon, 10th Feb 2020 17:45

(Alliance News) - Moody's Investors Service on Monday assigned a Ba1 rating to BT Group PLC's proposed EUR500 million capital securities issue.

Moody's gave the issue, due 2080, a negative outlook. The Ba1 rating is two lower than BT's Baa2 senior unsecured and issuer ratings.

"This reflects the deeply subordinated position of the proposed hybrid securities in relation to the existing senior unsecured obligations of BT," Moody's noted.

The credit ratings agency explained that the negative outlook is a reflection of the "continued pressure on BT's top line", which Moody's added will persist over the next two years and could lead to a marginal fall in earnings before interest, taxes, depreciation, and amortisation.

The outlook could be boosted should BT deliver cost savings and an improved Ebitda.

Shares in the company closed 0.5% lower at 154.14 pence each in London on Monday.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
27 Jul 2023 07:41

BT Group backs full-year guidance as Q1 core earnings rise

(Sharecast News) - BT Group backed its guidance for 2024 on Thursday as it posted a rise in first-quarter core earnings.

Read more
24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

Read more
24 Jul 2023 12:04

LONDON MARKET MIDDAY: China stimulus impatience keeps lid on sentiment

(Alliance News) - Equity prices in Europe were mixed heading into Monday afternoon, with a warning of the challenges facing the Chinese economy hurting investor sentiment at the start of a busy week of central banking action.

Read more
13 Jul 2023 17:16

Fresh M&A blow for telcos as Three/O2 debate reopened

BRUSSELS, July 13 (Reuters) - European telecoms companies faced fresh regulatory uncertainty on Thursday after the EU's top court scrapped a lower tribunal's decision to life a veto on Three UK's 13-billion-pound ($16.9 billion) bid for O2 seven years ago, citing legal errors.

Read more
11 Jul 2023 16:00

Teen hacked Uber, Revolut and Grand Theft Auto maker, London court hears

LONDON, July 11 (Reuters) - A teenage member of the Lapsus$ hacking group hacked Uber and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto, prosecutors have told a London court.

Read more
10 Jul 2023 17:30

UK's FTSE 100 gains on energy boost; real estate stocks slip

Water utility firms rise on Thames Water news

*

Read more
10 Jul 2023 17:02

LONDON MARKET CLOSE: FTSE 100 rises despite tame Chinese data

(Alliance News) - The FTSE 100 in London inched higher on Monday, as investors shook off some soft Chinese data and looked ahead to a US inflation reading due on Wednesday.

Read more
10 Jul 2023 11:48

LONDON MARKET MIDDAY: DWF surges on takeover offer; BT CEO resigns

(Alliance News) - Stock prices in London were mixed at midday on Monday, with concerns around the Chinese economy hurting investor confidence.

Read more
10 Jul 2023 11:25

BT boss Jansen to step down within the next year

BT boss who spearheaded fibre roll-out to step down

*

Read more
10 Jul 2023 08:51

LONDON MARKET OPEN: Stocks head lower after China data, US payrolls

(Alliance News) - Stock prices in London opened mostly in the red on Monday, following more weak Chinese economic data, and ongoing concerns about how much further interest rates will rise.

Read more
10 Jul 2023 08:21

TOP NEWS: BT Chief Executive Philip Jansen to resign next year

(Alliance News) - BT Group PLC announced on Monday that its Chief Executive Philip Jansen has announced his intention to step down from his role, at the appropriate moment, over the next twelve months.

Read more
10 Jul 2023 07:47

LONDON BRIEFING: BT CEO Philip Jansen to step down next year

(Alliance News) - Stocks in London are called lower on Monday, after soft economic data from China pointed to a weak demand outlook.

Read more
10 Jul 2023 07:08

Jansen to step down from BT amid takeover rumours

(Sharecast News) - BT Group announced on Monday that its chief executive Philip Jansen had decided to step down from his position in the next 12 months, after spending four-and-a-half years in the role.

Read more
10 Jul 2023 06:48

LONDON MARKET EARLY CALL: Stocks to fall amid Chinese deflation

(Alliance News) - Stocks in London are set to open lower on Monday, as the latest data from China added to a gloomy global economic outlook.

Read more
9 Jul 2023 22:41

Sunday newspaper round-up: BT Group, Aston Martin, MPs

(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.