Sharechat Logo

Fonterra Shareholders' Fund (NZX: FSF) Fonterra Acknowledges Fitch Ratings Review

Friday 5th February 2021

Text too small?

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



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

27th September 2021 Morning Report
Z Energy Limited (NZX: ZEL) Exclusivity Period with Ampol Extended
Synlait Milk Limited (NZX: SML) Publishes FY21 Result; Appoints CEO
Pacific Edge Limited (NZX: PEB) Placement Upsized Following Strong Demand
24th September 2021 Morning Report
23rd September 2021 Morning Report
Pacific Edge Limited (NZX: PEB) Dual Lists on ASX; Announces Capital Raise to Accelerate
Tower Limited (NZX: TWR) Updates Guidance
South Port New Zealand Limited (NZX: SPN) 2021 Annual Report
22nd September 2021 Morning Report