Friday 20th December 2019 |
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International ratings agency Standard & Poor's has slashed New Zealand Post's credit rating because of the continued decline in mail volumes. S&P cut the 'A+' rating to 'A' and removed NZ Post from its negative creditwatch status where it had sat since Oct. 1. In addition, it cut the group's subo...
Read the full story at BusinessDesk — subscribe now: https://businessdesk.co.nz/article/sp-cuts-nz-posts-credit-rating-as-mail-volumes-keep-falling
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