13 Aug 2015
S&P places Fonterra on creditwatch negative
FXStreet (Bali) - S&P rating agency places Fonterra rating on credit watch negative, cites weakening dairy market.
The assessment, as reported by Bloomberg, reflects high debt levels and growing concerns about potential weakness in Fonterra financial metrics.
The assessment, as reported by Bloomberg, reflects high debt levels and growing concerns about potential weakness in Fonterra financial metrics.