Thursday 25th February 2021 |
Text too small? |
Standard & Poor’s Global Ratings has revised its credit rating outlook for Meridian Energy Limited (MEL) to BBB+/Stable from BBB+/Negative.
Standard & Poor’s stated that the revised outlook to stable reflects their view that Rio Tinto’s decision to continue operations at its NZAS smelter until at least 31 December 2024, eases previously forecast pressure on earnings and energy margins.
At the same time, Standard & Poor’s affirmed Meridian’s ‘BBB+’ long-term issuer credit rating and ‘A2’ short term issuer credit rating.
Please see the link below for details:
Standard & Poor’s Outlook Revision
Source: Meridian Energy Limited
No comments yet
Fonterra provides milk price, performance, strategy update
Revised Chatham announcement concerning PDAC
23rd June 2022 Morning Report
Greenfern Industries attains important industry certificati
Appointment of Group General Manager Sales & Service
NZME confirms Google agreements
FBU Investor Day FY22 EBIT guidance c.$750m reiterated
Chatham Reports on Multiple Milestones Achieved at PDAC
22nd June 2022 Morning Report
21st June 2022 Morning Report