Auckland, 17 February 2024: Fletcher Building Limited (the “Company”) has been notified that credit rating agency Moody’s Investors Service has placed the Company’s credit rating of Baa2 and medium-term note (MTN) program rating of Baa2 on review for downgrade from an outlook of stable.
Fletcher Building CFO Bevan McKenzie said: “We will work alongside Moody’s during their review period, demonstrating our commitment to the credit metrics which underpin our rating of Baa2”.
#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]
What should you really be looking for from your fundie?
The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.
The company has delivered five consecutive years of record earnings.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details