Fletcher Building Limited has announced that it has received an investment grade credit rating of Baa2 with a stable outlook from Moody's Investors Service.
This rating is seen as an important step in the company's long-term funding strategy and will allow for greater diversification of funding sources.
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Growth-stage venture market at its most 'investor friendly' since 2013 - Icehouse.
Private equity, private credit and long short equity funds are on offer.
Genesis argues it is undervalued; at least one analyst agrees.
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