However, Hyprop has disputed how Moody's chooses to measure the property company's debt level, saying it believed that the ratings agency had overestimated it. Hyprop primarily uses debt to fund offshore transactions. Hyprop's share price fell more than 5% after Moody's downgraded the company's credit rating from Baa3 to Ba1 with immediate effect. A Baa3 rating implies Hyprop had adequate capacity to meet its financial commitments, while Ba1 me...