Moody's Ratings: Khazanah's market-value-based leverage to remain at 30-35%

📆 17/10/2024 8:04 a. m.
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TOKYO (Reuters) - British fintech firm Wise has won approval for direct access to Japan's bank payment clearing network, becoming the first foreign financial company to do so, it said on Thursday.

KUALA LUMPUR: Moody’s Ratings expects Khazanah Nasional Bhd's market-value-based leverage to remain between 30 per cent and 35 per cent over the next few years.

"Khazanah has achieved this growth while maintaining prudent financial policies, including a public leverage target,” Moody's Ratings said in a note today.

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