Fitch Revised Outlook on Downer to Stable; Affirms at ‘BBB”
Fitch Ratings have revised its outlook on Downer EDI Limited (ASX: DOW) to Stable from Negative and affirms their issuer rating at ‘BBB’.
We attach a copy of the Fitch Ratings Report.
Authorised for release by Downer’s Chief Executive Officer.
The NZ sharemarket was up after results from Fletcher Building and Spark.
Allan Gray says an equity raise now would show the board to be poor stewards of capital.
Spark promises a return to basics and 'annuity-like' returns.
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details