Telekom Srbija Earns Ratings Upgrade Following Record 2025 Performance

Telekom Srbija launched a three-tranche senior unsecured notes offering (USD 5NC2 / EUR 7NC3 / EUR 10NC5), exclusively to refinance existing liabilities on materially more favorable terms, with zero incremental leverage. In a vote of confidence rarely seen following large-scale M&A, Fitch upgraded Telekom Srbija from B+ (Positive) to BB- (Stable), with Moody’s affirming B1 […]