Auckland, 3 October 2023: Fletcher Building Limited announced today it has been assigned an investment grade credit rating from Moody’s Investors Service of Baa2 with stable outlook. Fletcher Building CFO Bevan McKenzie said, “Obtaining an investment grade credit rating is an important step in respect of our long-term funding strategy which will allow us to further diversify our funding sources”.
#Ends
Authorised by:
Ashleigh Harding
Company Secretary
For further information please contact:
MEDIA
Christian May
General Manager – Corporate Affairs
+64 21 305 398
[email protected]
INVESTORS AND ANALYSTS
Aleida White
Head of Investor Relations
+64 21 155 8837
[email protected]
The purchase is worth $282 million.
The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.
Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.
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