Nippon Telegraph and Telephone Corporation -- Moody's adds the size amount to NTT Finance's rated USD and EUR backed senior unsecured notes

Announcement: Moody's adds the size amount to NTT Finance's rated USD and EUR backed senior unsecured notesGlobal Credit Research - 25 Feb 2021Tokyo, February 25, 2021 -- Moody's Japan K.K. has added the size amount to the rated backed senior unsecured bonds to be issued by NTT FINANCE CORPORATION (NTT Finance) and guaranteed by its parent, Nippon Telegraph and Telephone Corporation (NTT, A1 stable).On 22 February 2021, Moody's assigned an A1 rating to NTT Finance's new USD and EUR backed senior unsecured bonds. The outlook is stable.The details of the rated notes are as follows:- USD 1.5 billion backed senior unsecured notes due 2023- USD 1.0 billion backed senior unsecured notes due 2024- USD 3.0 billion backed senior unsecured notes due 2026- USD 1.5 billion backed senior unsecured notes due 2028- USD 1.0 billion backed senior unsecured notes due 2031- EUR 1.0 billion backed senior unsecured notes due 2025- EUR 1.0 billion backed senior unsecured notes due 2030The methodologies used in these ratings were Telecommunications Service Providers (Japanese) published in April 2017 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_194554, and Government-Related Issuers Methodology (Japanese) published in February 2020 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1186222. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of these methodologies.Headquartered in Tokyo, Nippon Telegraph and Telephone Corporation (NTT) is the leading integrated telecommunications operator in Japan. The company is 34.7%-owned by Japan's Ministry of Finance and is governed by the NTT Law. NTT owns 100% of NTT Finance.Headquartered in Tokyo, NTT FINANCE CORPORATION is the principal financing subsidiary for Nippon Telegraph and Telephone Corporation.This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history. Mariko Semetko VP - Senior Credit Officer Corporate Finance Group Moody's Japan K.K. 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