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 S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details