Friday 5th February 2021 |
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Fonterra Co-operative Group Limited (Fonterra) has been notified that credit agency Fitch Ratings has affirmed its long-term issuer default rating at ‘A’ and has revised its rating outlook for the Co-operative from ‘Negative’ to ‘Stable’.
Chief Financial Officer Marc Rivers says “this reflects the Co-op’s progress following our strategic review and, in particular, the work we’ve done to improve our balance sheet over the last few years.”
Please see the link below for details:
Fonterra acknowledges Fitch Ratings review
Source: Fonterra Shareholders' Fund
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