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S&P keeps the faith in Fonterra

Credit rating affirmed as agency backs management

Wed, 11 Sep 2019

Ratings agency Standard & Poor’s says it believes Fonterra’s debt reduction plan is credible and its management will take the tough decisions required to repair its balance sheet.

In a report published this morning, S&P affirmed Fonterra’s A- credit rating and stable outlook, despite the

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S&P keeps the faith in Fonterra
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